HALISTER: ExxonMobil to Buy InterOil in Deal Valued at More Than $2.5b

ExxonMobil to Buy InterOil in Deal Valued at More Than $2.5b

(Bloomberg) -- InterOil shareholders will receive $45/share paid in ExxonMobil shares at closing plus Contingent Resource Payment.
  • CRP would be additional cash payment of $7.07/share for each tcfe gross resource certification of the Elk-Antelope field above 6.2 tcfe, up to a maximum of 10 tcfe
  • XOM paying Oil Search termination fee
  • Related: Exxon Grabs Reins in InterOil Gas Hunt as Rivals Bow Out of Deal (Link)
Statement: Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
XOM US (Exxon Mobil Corp)
IOC US (InterOil Corp)
OSH AU (Oil Search Ltd)

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UUID: 7947283

HALISTER: Southwest Stock Plunge Drags Down Airlines on Weakness in Fares

Southwest Stock Plunge Drags Down Airlines on Weakness in Fares

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
LUV US (Southwest Airlines Co)

People
Gary Kelly (Southwest Airlines Co)
Helane Becker (Cowen & Co LLC)
Jamie Baker (JPMorgan Chase & Co)
Savanthi Syth (Raymond James Financial Inc)

Topics
BGOV Trans/Infrastructure

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UUID: 7947283

HALISTER1: Singapore Puts Banks Linked to 1MDB on Notice: We’re Not Done

Singapore Puts Banks Linked to 1MDB on Notice: We’re Not Done

Alert: HALISTER1
Source: BN (Bloomberg News)

Tickers
181586Z UH (Abu Dhabi Investment Authority)
0206021D MK (1Malaysia Development Bhd)
MASP SP (Monetary Authority of Singapore)
DBS SP (DBS Group Holdings Ltd)
STAN LN (Standard Chartered PLC)

People
Loretta Lynch (United States Department of Justice)
Low Taek (Jynwel Capital Ltd)
Mohd Abdul Razak (Federation of Malaysia)

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UUID: 7947283