4 Mergers and Acquisitions Stock Stories Making Monday Headlines

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Anadarko Petroleum Corp. (NYSE:APC): Current price $91.02

Anadarko said Monday it will divest a 10 percent interest in Mozambique’s Offshore Area 1 to ONGC Videsh Ltd., a wholly owned subsidiary of Oil and Natural Gas Corporation Ltd., for $2.64 billion in cash. Anadarko will stay the operator of Area 1 with a working interest of 26.5 percent. The transaction should close around the end of the year.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.


More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business