ExxonMobil Closer to $2.5 Billion-Plus Acquisition of InterOil
SUGAR LAND--October 11, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--An oil and gas leader is likely to grow further after the Supreme Court of Yukon approved Exxon Mobil Corporation's (NYSE:XOM) (Irving, Texas) proposed acquisition of InterOil Corporation (NYSE:IOC) (Whitehorse, Yukon), a transaction that is valued at more than $2.5 billion. Industrial Info is tracking $3.67 billion in projects involving InterOil, as well as $870 million in projects owned by ExxonMobil that are based in Papua New Guinea, the Philippines and Singapore, where InterOil does the bulk of its business.
Within this article: Details on the highest-valued projects involving InterOil, and ExxonMobil's projects in the area.
Other companies featured: Total S.A. (NYSE:TOT)
