HOUSTON, Texas: In an all-stock deal valued at US$59.5 billion, Exxon Mobil will buy U.S. rival Pioneer Natural Resources. The deal, valued at $253 per share, will make Exxon Mobil, already the largest U.S. oil company, the biggest producer in the largest oilfield in the U.S., the Permian basin, and…Read More
Exxon to acquire rival Pioneer for 60 billion in allstock deal
