Corporate Finance
ExxonMobil to acquire Pioneer Natural Resources in $59.5bn deal
Download PDF Introduction On October 11th, Exxon Mobil Corp [XOM:NYSE] announced its plans to acquire Pioneer Natural Resources [PXD:NYSE] in an all-stock deal for $59.5bn, or $253 per share, representing a premium of 16% to Pioneer’s closing price on October 5th. The implied enterprise value of the transaction, including debt, Read more…
