tiprankstipranks

Exxon Mobil sees Pioneer Natural merger closing in Q2

In October 2023, ExxonMobil (XOM) announced an agreement to merge with Pioneer Natural Resources (PXD) in a $59.5B all-stock transaction. The transaction was approved by Pioneer shareholders. The transaction close is anticipated in the second quarter of 2024, pending regulatory approval.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue