ConocoPhillips closes $22.5 billion deal for Marathon Oil

Reuters

2024/11/22

Nov 22 (Reuters) - U.S. shale oil producer ConocoPhillips COP.N said on Friday it has completed the $22.5 billion deal to acquire smaller peer Marathon Oil MRO.N.

The deal was under a Federal Trade Commission review.

(Reporting by Sourasis Bose in Bengaluru; Editing by Krishna Chandra Eluri)

((Sourasis.Bose@thomsonreuters.com;))

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