USA's FTC conditionally approves Chevron's $53 billion acquisition of Hess.
The USA Federal Trade Commission (FTC) has prohibited Hess Corp CEO John Hess from joining the Chevron board of directors as a condition for the 53 billion USD merger between the two oil companies.
Express News | The USA Federal Trade Commission (FTC) announced that it will allow chevron to acquire Hess Corp. for 53 billion US dollars. However, the condition is to prohibit Hess's CEO John Hess from joining the board of directors of the merged company, as he is sus
U.S. Regulator Officially Approves Chevron's (NYSE:CVX) Acquisition of Hess Corp. (NYSE:HES)
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