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: Chevron to buy PDC Energy in an all-stock deal valued at $6.3 billion, at premium of nearly 11%

Chevron Corp. CVX announced Monday an agreement to buy Colorado-based oil and gas producer PDC Energy Inc. PDCE in an all-stock deal valued at $6.3 billion, or $7.6 billion when including debt. PDC’s stock was halted for new until 8:30 a.m. Eastern, while Chevron shares fell 0.4%. Under terms of the deal, PDC shareholders will […] The post : Chevron to buy PDC Energy in an all-stock deal valued at $6.3 billion, at premium of nearly 11% appeared first on ForexTV... Read More
Posted: May 22 2023, 12:15
Author Name: forextv
Views: 110842

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