Chevron announced the completion of the acquisition of Noble Energy, after approval by Noble Energy shareholders.
“We are delighted to welcome Noble Energy’s employees and shareholders to Chevron,” said Michael Wirth, Chevron’s chief executive. Noble’s high-quality assets add to Chevron’s superior exploration and production portfolio, and the merger is expected to bring strong financial benefits. “
In July, Chevron announced approval of the acquisition of all outstanding shares of Noble Energy in a deal worth $ 5 billion, or $ 10.38 a share..
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