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Exxon’s bid for InterOil in doubt after Canadian court ruling

Exxon’s bid for InterOil in doubt after Canadian court ruling

InterOil acquisition would give Exxon access to Asian LNG markets Nov 4 (Reuters) – InterOil Corp said on Friday an appeals court in Canada had overturned approval of the natural gas producer’s $2.5 billion sale to Exxon Mobil Corp, throwing the deal’s viability in doubt. The Supreme Court of Yukon ruled for Phil Mulacek, InterOil’s founder […]

By November 4, 2016 0 Comments Read More →
Opinion: ExxonMobil InterOil offer a model for buying at the bottom

Opinion: ExxonMobil InterOil offer a model for buying at the bottom

ExxonMobil’s offer for InterOil a model for buying at the bottom: Russell By Clyde Russell LAUNCESTON, Australia, July 19 (Reuters) – ExxonMobil Corp’s bid to buy InterOil shows that rare corporate ability of planning a deal at the bottom of the commodity cycle that holds the promise of long-term returns. ExxonMobil has offered at least $2.2 […]