Chevron Announces Agreement to Acquire Anadarko

• Strategic fit that enhances Chevron's advantaged portfolio  – • Provides $2 billion in anticipated annual operating cost and capital synergies – • Accretive to free cash flow and earnings one year after close  – • Share repurchase annual target increases by 25 percent to $5 billion Chevron Corporation (NYSE: CVX) announced that it has entered into a definitive agreement with Anadarko Petroleum Corporation (NYSE: APC) to acquire all of the outstanding shares of Anadarko in a stock and cash…

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Source: webwire
Chevron Announces Agreement to Acquire Anadarko



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