ConocoPhillips strikes the largest transaction in the exploration and production space outside the U.S. this year.
Jim Cramer explains why more mergers in the energy and oil space could be in the works.
Shares of drillers with positions in the Permian Basin are on the rise following the tie-up, the sixth biggest oil and gas deal on record.
*Commerzbank opposition fiercer than at Deutsche Bank. FRANKFURT, April 17- Some 83 percent of Commerzbank employees oppose a merger with Deutsche Bank, according to an internal survey seen by Reuters on Wednesday. Employees have until May 3 to voice their opinion in the poll conducted by the works council representing the bank's headquarters.
FRANKFURT, April 17- Some 83 percent of Commerzbank employees oppose a merger with Deutsche Bank, according to an internal survey seen by Reuters on Wednesday. The poll results are preliminary and come during the fifth week of merger talks between the two German lenders. Commerzbank did not immediately respond to requests for comment.
83 PERCENT OF COMMERZBANK STAFF OPPOSE DEUTSCHE BANK MERGER- SURVEY SEEN BY REUTERS.
The T-Mobile and Sprint $26 billion dollar merger is facing an obstacle. The Wall Street Journal reported that the Department of Justice has concerns over the deal. The 'Squawk Box' team discusses.
Sequential Brands, which bought the Martha Stewart brand nearly four years ago for about $353 million, said it is selling it to Marquee Brands for about $175 million.
*New entity to have $3.8 trillion assets under custody. PARIS, April 17- France's Credit Agricole and Spain's Santander plan to combine their custody and asset servicing operations, in a deal that could point the way for European banks to achieve scale without the complexity of a full merger. Santander's' S3' Securities Services arm in Spain and Latin America will...
April 16- The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp that it opposes their planned $26 billion merger in its current form, a source familiar with the matter said on Tuesday, though a final decision has not been made. Sprint, T-Mobile and the Justice Department did not immediately respond to requests for comment. The deal to combine the...
Sprint and T-Mobile have argued that the merger is necessary to compete with the two largest carriers in the U.S., AT&T and Verizon.
In March, Michael Wirth compared Chevron's Permian Basin strategy to the Golden State Warriors' pick-ups after winning the NBA championship.
Chevron CEO Mike Wirth reacts to Occidental's competing bid for Anadarko and breaks down for Jim Cramer his deal for the petroleum company.
MILAN, April 15- Disagreements at the helm of French-Italian group EssilorLuxottica do not pose a risk for the merger that created the world's biggest spectacles and lens manufacturer, independent board director Gianni Mion said. Speaking to reporters on the sideline of an event, Mion ruled out that frictions pitting Executive Chairman Leonardo Del Vecchio...
DUBAI, April 15- The United Arab Emirates' Brooge Petroleum and Gas Investment Co said it would list on the Nasdaq stock exchange after merging with U.S.-based firm Twelve Seas Investment Co.. The $1 billion deal is expected to be finalised before July 1, Brooge said in a statement. The company originally planned to float 40 percent of its capital on the London...
Merger talks between Occidental Petroleum and Anadarko Petroleum were ongoing when Chevron announced it would acquire Anadarko, sources say.
CNBC's David Faber reports on the latest details surrounding the Chevron-Anadarko deal, including the reporting that Occidental had bid on Anadarko, however was turned down for Chevron.
Chevron is starting the week fresh on the heels of its worst day in more than a year. Joule Financial's Quint Tatro is jumping in.
Catalent said on Monday it would buy privately held gene therapy-focused Paragon Bioservices Inc in an all-cash deal for $1.2 billion.
Waste Management on Monday announced plans to acquire smaller rival Advanced Disposal Services for about $3 billion in cash.