ExxonMobil agrees to acquire shale giant Pioneer in takeover with enterprise value of $64.5Bln including debt

Wednesday, 11 October 2023

ExxonMobil Corp., the largest US oil company and leading LNG producer as a partner of Qatar, agreed to acquire Texas-based Pioneer Natural Resources for $59.5 billion and with an enterprise value of $64.5Bln in the largest acquisition since the historic tie-up between Exxon and Mobil in 1999.


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Last modified on Thursday, 12 October 2023 05:39
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