[NEWS] Occidental had offered to buy Anadarko for more than $70 per share: CNBC – Loganspace AI

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[NEWS] Occidental had offered to buy Anadarko for more than $70 per share: CNBC – Loganspace AI


FILE PHOTO: The unstaffed foyer of the North Dakota regional headquarters of oil producer Occidental Petroleum Corp is considered in Dickinson, North Dakota on this October 14, 2015 record. REUTERS/Ernest Scheyder/File Photo

(Reuters) – Occidental Petroleum had equipped more than $70 per fraction to decide on Anadarko Petroleum Corp, CNBC reported on Friday, citing sources.

Earlier within the day, Chevron Corp mentioned it would purchase Anadarko for $65 per fraction.

Occidental’s explain contained extra cash than Chevron’s offer, the CNBC fileright herementioned.

Reporting by John Benny in Bengaluru; Making improvements to by Maju Samuel

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