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Date: 1st December 1999
Service: CEEFAX
Region: N/A
Original Broadcast Channel: BBC2
Current Page: 207
Note:If this page has sub-pages, they will all appear in a line!
P207 CEEFAX 2 207 Wed 01 Dec 13:31/19 US CLEARS $82bn EXXON, MOBIL MERGER The US Government has approved Exxon's $82bn (£51.25bn) purchase of Mobil to create the world's largest publicly- traded oil company. The deal was given the go-ahead after the firms agreed to sell a record $2bn wMrth of assets. The Federal Trade Commission said the sale was vital to ensure competition. The mega-deal marks the latest in a series of mergers that have reshaped the international oil industry intf a handful of huge companies. Headlines 200 Commodities 246Savings 250 Front page 100Next News Headlines YourMoney Main Menu