Noble Energy Inc shareholders on Friday are expected to approve its sale to Chevron for about $4.2 billion in stock, cementing the first big energy deal since the coronavirus crushed global fuel demand. The purchase would boost Chevron’s U.S. shale oil holdings and add nearly 1 billion cubic feet of natural gas reserves close to growing markets. Proxy advisers Institutional Shareholder Services (ISS) and Glass Lewis have recommended approval of the deal. …read more
Source:: Yahoo Finance
