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3 Pages

Apache rejects takeover approach from Anadarko

Apache rejects takeover approach from Anadarko

Report summary

A merger would create the second largest independent (by EV and production) next to ConocoPhillips. The primary strategic driver for Anadarko would be consolidation and enhanced long-term growth potential in US tight oil, the Permian in particular. De-leveraging, and the potential for a phase of portfolio restructuring, would be a secondary factor.

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  • Apache reportedly rejects takeover bid from Anadarko PDF - 989.77 KB 3 Pages, 0 Tables, 1 Figures


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