ConocoPhillips agrees to buy Marathon Oil in a $22.5 billion deal
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. ConocoPhillips has agreed to buy rival Marathon Oil in an all-stock deal that values the Houston-based company at $22.5 billion, including debt, as a wave of consolidation continues to sweep through the U.S. oil patch. … Read more