The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in the Permian basin in Texas and New Mexico.
Category: Mergers, Acquisitions and Divestitures
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Exxon Mobil Reportedly Nears a Deal for Pioneer, a Shale Giant
Exxon Mobil is reportedly in talks to buy Pioneer Natural Resources, a major shale driller, in what would be the biggest takeover of the year.
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A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums
Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.
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Colleges Find Real Estate Bargains in Empty Office Spaces
As companies with hybrid work forces reduce square footage, universities see an opportunity to buy buildings at bargain prices.
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IPOs, Inflation Data and More Are at Risk in a Shutdown
Important economic data could be delayed, as could regulators’ decisions on mergers and new public listings.
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Is Rupert Murdoch Really Moving on from Fox and News Corp?
The 92-year-old media tycoon is set to become chairman emeritus of Fox and News Corporation, but he still wields considerable power over the empire he built.
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FTC Sues Anesthesia Group Backed by Private Equity, Claiming Antitrust
The federal agency claims the company’s practices amount to antitrust activity, a new salvo in the government’s scrutiny of health care consolidation that has led to higher prices.
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FTC Sues Anesthesia Group Backed by Private Equity, Claiming Antitrust
The federal agency claims the company’s practices amount to antitrust activity, a new salvo in the government’s scrutiny of health care consolidation that has led to higher prices.
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Cisco to Buy Splunk, a Software Company, for $28 Billion
The largest deal Cisco has ever announced moves it further away from its roots in network hardware and into higher-margin software subscriptions.
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Wasserman Buys Brillstein, Merging Sports and Entertainment
Casey Wasserman had long pledged to stay away from the traditional entertainment business, but he said a new media landscape changed his thinking.