Chevron has completed the purchase of the Noble Energy

News

Chevron has completed the purchase of the Noble Energy

07.10.2020 News

Oil and gas company Chevron has closed the deal to buy the US Noble Energy for $ 5 billion, follows from the Chevron message.

“Chevron announced today that the acquisition of Noble Energy has been completed following the approval of the agreement by the Noble Energy shareholders,” the company said. Earlier on Monday, Noble Energy reported that the company’s shareholders had approved a merger with the Chevron.

The operation was announced in July this year. Under the terms of the agreement, Noble Energy shareholders received 0.1191 Chevron shares for each Noble Energy share. Shares of the Chevron on the New York Stock Exchange rose to 0.76%, Noble Energy – by 1.44%.

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