ExxonMobil’s proposal for a US$2.5 billion (£1.92 billion) takeover of InterOil announced in July has received a majority approval by InterOil shareholders and will close by the end of the month.
InterOil | Offshore Post
ExxonMobil has successfully acquired gas explorer InterOil after a US$2.5 billion (£1.88 billion) bid that was not countered by rivals Oil Search and Total.
ExxonMobil has made a US$2.2 billion bid for InterOil and its interest in a gas field in Papua New Guinea, overpowering an offer from Australia’s Oil Search
Oil Search has announced a S$2.2 billion (£1.5 billion) deal to acquire rival InterOil to strengthen its position in Papua New Guinea (PNG).