Occidental offers $38 billion for Anadarko, topping Chevron

Oil and gas producer Occidental Petroleum Corp on Wednesday started the first takeover battle for a major oil company in years, offering $38 billion, or $57 billion including debt, for Anadarko Petroleum Corp, a bid that topped an offer by Chevron Corp.

Source: Business

Leave a Reply

Your email address will not be published. Required fields are marked *

five × 4 =