ConocoPhillips in advanced talks to buy Marathon Oil for over $15 billion, reveals the Financial Times

US-based deal hacks at the venerable Financial Times dug out a brilliant scoop last night.

According to the FT reporters, ConocoPhillips is in advanced talks to buy Marathon Oil after a tussle with Devon Energy for the business.

Conoco's bid for Marathon Oil is likely to made all in stock and could be announced imminently, adds the FT. Below is a link to the FT scoop:..

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Date: Wednesday, 29 May 2024, 9:51 am

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