Mozambique not looking to review terms of planned LNG projects, president says
Occidental bid for Anadarko gets U.S. FTC approval
9:36 CAT | 04 Jun 2019
FILE: Anadarko Petroleum Corporation is seen in The Woodlands, Texas, U.S., April 30, 2019. [File photo: Reuters/Loren Elliott]
Oil and gas producer Occidental Petroleum Corp said on Tuesday the U.S. Federal Trade Commission has granted approval for its proposed $38 billion deal to buy Anadarko Petroleum Corp.
The waiting period required for companies under the Hart-Scott-Rodino Antitrust Improvements Act was terminated early by the FTC, the company said.
The deal is expected to close in the second half of 2019.
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Source: Reuters
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