Done deal.
Done Deal: Chevron Corp. completed its $17 billion acquisition of
El Segundo-based Unocal Corp., creating the fourth-largest publicly
traded oil company. The deal puts to rest a bidding war with CNOOC CNOOC China National Offshore Oil Corporation Ltd.,
the Chinese Chinese, subfamily of the Sino-Tibetan family of languages (see Sino-Tibetan languages), which is also sometimes grouped with the Tai, or Thai, languages in a Sinitic subfamily of the Sino-Tibetan language stock. government-controlled oil company, whose higher offer
spurred heated political debate. CNOOC dropped out of the contest last
week. At a special meeting, Unocal shareholders approved the
transaction.
COPYRIGHT 2005 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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