Chevron's Hess Acquisition Fuels Broader M&A Frenzy
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As the Russian revolutionary Vladimir Lenin put it: "There are decades where nothing happens; and there are weeks where decades happen."
This is one of those weeks. On Monday, Chevron said it would acquire energy player Hess for $53 billion. It's the latest megadeal in a wildly active industry this month, and it's happening during one of the most pronounced deal droughts on Wall Street in recent memory.
Source Fool.com
Hess Corp. Aktie
123,86 €
-1,72 %
Die Hess Corp. Aktie steht nicht so gut da: Mehr Sell- als Buy-Einschätzungen in der Community.
Trotz eines Kursziels von 176 € für Hess Corp., das über 123.86 € liegt, zeigt sich ein Potenzial von 42.1%.
