Chevron to buy Noble Energy in $5 billion deal

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Chevron to buy Noble Energy in $5 billion deal

Chevron will buy Noble Energy in a $5 billion stock-swap deal, valuing Noble at 7.6 percent above its Friday close. It is the largest oil patch takeover deal since the pandemic hit. CNBC's Brian Sullivan reports.
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Mon, Jul 20 20208:35 AM EDT