(CercleFinance.com) – Pioneer Natural shares gained nearly 9% on the New York Stock Exchange after information on a possible takeover of the group by ExxonMobil.
ExxonMobil is in fact in negotiations for the purchase of the shale giant in the United States, the company Pioneer Natural according to the Wall Street Journal.
This acquisition could be worth around $60 billion according to the daily. This would be Exxon’s largest transaction since its merger with Mobil in 1999, the newspaper said.
The agreement for this acquisition could be signed in the coming days, indicates the WSJ.
The acquisition would allow the group to take an important position in west Texas and New Mexico, adds the daily.
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