1. Chevron is Buying Anadarko in a $33 Billion Oil Megadeal

    Chevron is Buying Anadarko in a $33 Billion Oil Megadeal
    • Anadarko Petroleum is being bought by Chevron Corporation in a $33 billion megadeal, sending Anadarko's shares up by 30%.
    • Chevron, the world's third-largest energy company expects the deal to enhance its shale, deepwater, and natural gas operations.
    • Chevron expects to realize $2 billion in synergies from the deal, but take on $15 billion in debt.
    • It plans to divest between $15 billion and $20 billion of assets between 2020 and 2022, allowing it to slash debt and return cash to shareholders...
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