ExxonMobil To Acquire InterOil For More Than $2.5 Billion

摘要

It’s official: ExxonMobil Corp. (NYSE: XOM) said July 21 that it will acquire In- terOil Corp. (NYSE: IOC) for more than $2.5 billion. The two companies have agreed to a transaction in which ExxonMobil will ac- quire all of InterOil’s outstanding shares. InterOil owns a 36.5% stake in the gas-rich Elk-Antelope field in Papua New Guinea, which is expected to be the main source for ExxonMobil’s proposed Papua LNG project.