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XOM Jan 2026 120.000 call
- Reuters SG
Deals of the day-Mergers and acquisitions
** Anglo American rejected BHP Group's last-ditch request for more time to discuss a $49 billion takeover offer, dismissing it as highly complex and ending a five-week pursuit by the bigger rival. ** A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia's biggest data centre providers, two sources said. ** The owner of Britain's Royal Mail has agreed to a 3.57 billion pound ($4.55 billion) takeover by Czech billionaire Daniel Kretinsky, it said on Wednesday, in a take-private deal of one of the world's oldest postal firms.
- Barrons.com
Exxon Is a Powerhouse. Why Shareholders Are Rebelling.
With its stock hovering around all-time highs, Exxon Mobil is flexing its muscles like never before. At its annual meeting on Wednesday, the company will find out if shareholders think it has gone too far. A federal lawsuit filed by Exxon against two small environmentally-minded funds over a proxy ballot proposal has sparked a revolt by some other shareholders, who say the company is looking to quash shareholder rights.
- Reuters
Hess shareholders approve merger with Chevron
Hess Corp on Tuesday approved the company's $53 billion merger with the No. 2 U.S. oil company Chevron, according to preliminary results of the vote. The merger required a majority vote to approve the deal by a majority of Hess' 308 million shares outstanding to pass. Chevron offered to acquire Hess last October in a move to gain a foothold in oil-rich Guyana's lucrative offshore fields.
