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Occidental closes $12 billion CrownRock deal

By Reuters1 Aug 2024Reuters1 Mins read29
FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo

Occidental Petroleum said on Thursday it has closed its $12 billion deal to buy CrownRock.

The company had received a second request about the deal from the U.S. Federal Trade Commission earlier this year.

(Reporting by Sourasis Bose in Bengaluru; editing by Alan Barona)

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