Tag: 22.5bn

ConocoPhillips buying Marathon Oil in deal valued at $22.5bn

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion. The deal is valued at $22.5 billion when including $5.4 billion in debt. NEWS RELEASE: ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update https://t.co/C5S1P1HWNT — ConocoPhillips News (@cop_newsroom) May 29, 2024 Marathon Oil shareholders will receive […]