US FTC finalizes consent order for $53 bln Chevron-Hess merger
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The U.S. Federal Trade Commission (FTC) has finalized a consent order to address antitrust concerns related to Chevron's $53 billion acquisition of Hess.
January 17, 2025 | 11:45 pm
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The FTC has approved a consent order resolving antitrust issues for Chevron's $53 billion acquisition of Hess, allowing the merger to proceed.
The FTC's approval of the consent order removes a significant regulatory hurdle for Chevron's acquisition of Hess, likely leading to a positive short-term impact on Chevron's stock price as the merger can now proceed.
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