4 Midweek Merger and Acquisition Stock Stories
Exxon Mobil Corporation (NYSE:XOM): Closing price $90.70
The firm’s Chief Executive Rex Tillerson has met with the president of Iraqi Kurdistan, following an offer that Baghdad made in an apparent attempt to keep it operating in the south of the country, according to industry sources. The meeting occurred in Davos on Tuesday, the day after Tillerson met Iraqi Prime Minister Nuri al-Maliki, who asked whether ExxonMobel could stay in the south, despite signing deals with the Kurdish region. In 2012, the firm offered to divest its interest in the huge southern West Qurna-1 oilfield after fighting with Baghdad concerning its contracts with autonomous Kurdistan.