ExxonMobil (XOM) Expects Q2 Closure for $59.5B Pioneer Deal

Exxon Mobil Corporation (XOM) reiterates its commitment to closing the planned $59.5 billion acquisition of Pioneer Natural Resources (PXD) in the second quarter of this year. The announcement was made by ExxonMobil's senior vice president, Neil Chapman, during a conference hosted by Morgan Stanley on Wednesday.Navigating Regulatory PathwaysExxonMobil remains on track with its proposed acquisition of Pioneer Natural Resources, aiming to close the deal in the second quarter of 2024, as reaffirmed by Chapman. ...