Anadarko Petroleum Corp. said Monday it intends to resume negotiations with Occidental Petroleum Corp. regarding its bid to acquire the company that came...
Anadarko Petroleum Corp. APC, +1.44% said Monday it intends to resume negotiations with Occidental Petroleum Corp. OXY, -0.86% regarding its bid to acquire the company that came after an earlier merger agreement with oil major Chevron Corp. Andarko said after talking with financial and legal advisers, it has determined that the Occidental offer may be a "superior proposal" as defined in its agreement with Chevron.
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Chevron may have to sweeten offer for Anadarko after rival Occidental bidMost analysts see Chevron ultimately winning the fight for Anadarko, but several say the oil major will have to pay up for the prize.
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Occidental Petroleum bids $76 a share for Anadarko, trumping Chevron offerA bidding war broke out in the energy patch on Wednesday.
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Occidental sweeps in with higher bid for Anadarko than Chevron is offeringOccidental Petroleum Corp. offered to buy Anadarko Petroleum Corp. for $76 a share in cash and stock, topping the current offer for the company from Chevron...
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Occidental offers $57 billion for Anadarko, topping ChevronOil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion b...
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Occidental offers to buy Anadarko in $57 billion deal, topping ChevronOil and gas producer Occidental Petroleum Corp sought to scuttle Chevron Corp&0...
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Occidental offers $38 billion for Anadarko, topping ChevronOil and gas producer Occidental Petroleum Corp on Wednesday started the first ta...
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Occidental CEO explains why she will prevail in bidding war for sought-after oil driller AnadarkoOccidental Petroleum CEO Vicki Hollub says her company can squeeze the best results out of Anadarko Petroleum's wells in the top U.S. shale basin.
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Occidental Petroleum Bids for AnadarkoOccidental Petroleum offered to purchase Anadarko Petroleum in a deal it values at $57 billion, more than Chevron’s bid for the oil company.
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Anadarko confirms Occidental's $57 billion bidOil and gas producer Anadarko Petroleum Corp on Wednesday confirmed Occidental P...
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Chevron's $1 billion in added buybacks hinges on bidding war for AnadarkoChevron CEO Michael Wirth is confident he'll win a battle with Occidental Petroleum, keeping a $5 billion buyback program on track.
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Occidental gives Anadarko an ill-judged bear hugIts $38 bln cash-and-stock offer trumps bigger rival Chevron’s bid for the U.S. oil producer, is a two-thirds premium and in theory helps both sides. Yet Occidental’s shares are less attractive and its debt would jump. Chevron only need sweeten its offer a bit to regain its edge.
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