(EnergyAsia, December 21, Monday) — Exxon Mobil Corp has made a substantial and hugely significant decision in moving to acquire America’s largest natural gas producer, XTO Energy Inc, for a total of US$41 billion including XTO’s US$10 billion worth of debt. The agreement, subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position…
COMPANIES: Exxon Mobil to acquire US gas producer XTO Energy Inc for a total of $41 billion
Posted on December 20, 2009 by EnergyAsia