FROM THE AUSTRALIAN TODAY
"EXXON Mobil will buy XTO Energy in an all-stock $US31 billion ($34bn) deal, dramatically boosting the oil giant's presence in natural gas.
Exxon is paying a 25 per cent premium over XTO's Friday closing stock price. The deal also includes the assumption of $US10 billion in debt.
XTO is a major player in extracting natural gas from unconventional places, such as shale rock. The deal gives Exxon the largest "unconventional" portfolio in the industry, Exxon said."
Maybe LKO will be next...............(maybe not for 34bn)
- Forums
- ASX - By Stock
- take over
FROM THE AUSTRALIAN TODAY"EXXON Mobil will buy XTO Energy in an...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LKO (ASX) to my watchlist
|
|||||
Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $58.8K |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LKO (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online