2024-06-24 11:24:45 ET
Summary
- The ICC Arbitration process is a very complex and uncertain process.
- If Exxon wins the ICC arbitration, the Hess and Chevron merger deal could be terminated.
- Hess stock is currently selling at a 9.6% discount to the value of Chevron shares received under the merger.
A major reason why Hess Corp. ( HES ) is currently trading at a 9.6% discount to the current value of Chevron ( CVX ) stock that Hess shareholders would receive under the proposed merger is because of the uncertainty over the ICC arbitration. This article will try to give investors a better understanding of the complexities and problems associated with the ICC arbitration process....
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For further details see:
Hess Chevron Merger - Detailed Insight Into The ICC Arbitration Process And Its Impact