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Occidental Petroleum Makes a $12 Billion Acquisition to Keep Pace with ExxonMobil and Chevron

The Motley Fool

The deal is the latest in a wave of mergers in the oil patch as Occidental looks to keep pace with larger rivals ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX). The transaction will increase Occidental's scale in the Permian Basin, enabling it to leverage its operations to reduce costs.

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3 Warren Buffett Stocks That Are Screaming Buys Right Now

The Motley Fool

In 2019, Buffett finally conceded he "overpaid for Kraft." Although it's taken far longer than anyone expected at the time, the merger of Kraft and Heinz is finally starting to help more than hurt. The company recently unveiled a Super Mario-themed macaroni and cheese, for example, leveraging Nintendo 's beloved video game character.

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This Dividend Stock Has Doubled Since 2018. Here's Why It's Still a Buy.

The Motley Fool

The company expected the transformational merger to create significant shareholder value by turning it into a free cash flow machine. Shareholders elected the Rice-supported board in 2019, which installed Toby as the CEO. The company has made several scale-enhancing acquisitions to enhance margins and free cash flow. It paid $5.2

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Platinum Equity’s Solenis Closes $4.6bn Deal for Diversey

Private Equity Insights

a share, totaling an acquisition price of $4.6 This is the largest acquisition deal that Solenis has completed to date, and the largest acquisition deal for a Delaware-based company in several years, surpassing CSC’s $2 billion deal for Intertrust last year. The all-cash deal for the publicly traded Diversey was set at $8.40

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Lincoln Private Market Index Rises in Second Quarter

Private Equity Professional

Leveraged buyout volumes remained down from historical highs in Q2 2024, as did EBITDA purchase price multiples, which decreased from 11.5x Despite the decrease, this still compares favorably to the average dating back to 2019 of 58.7%, indicating aggregate growth remains strong. in the second half of 2023 to 11.1x

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ExxonMobil (XOM) Q2 2024 Earnings Call Transcript

The Motley Fool

The Pioneer acquisition increases that even further. The average time to complete this type of merger over the last several years has been more than 11 months. We closed Pioneer in six, once again demonstrating the strength of our organization in effectively executing large, complicated projects, including large acquisitions.

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AI hype, cybersecurity risks, and founder advice: 9 tech investors share predictions for 2024

Insight Partners

You’ll find products both embedding AI to improve existing applications, as well as leveraging AI to totally reinvent a particular kind of task. Attackers will leverage low-cost LLMs to automate social engineering attacks at scale (e.g. WormGPT, FraudGPT ) and leverage deepfakes and vocal synthesis to impersonate individuals.