Chevron (CVX) Announces Offer to Acquire Noble Midstream Partners (NBLX)

  • February 5, 2021


StockNoble Midstream Partners LPSymbolNBLX
Date Announced02/05/2021Source Press Release
TypeUnsolicited BidAcquiring Company/Person Chevron Corporation
Date of Confirmation: 03/05/2021Price at Confirmation: $15.05
Potential Profit: 13.16%Annualized Profit: 171.52%

Chevron Corporation (CVX) announced today that it has submitted a non-binding proposal to the Board of Directors of Noble Midstream GP LLC, the general partner of Noble Midstream Partners LP (NBLX), to acquire all of the publicly held common units representing limited partner interests in NBLX not already owned by Chevron and its affiliates


February 08, 2021: Noble Midstream Partners LP (NBLX) announced the Partnership has received a non-binding proposal (the “Proposal”) from Chevron Corporation (CVX) to acquire all of the publicly held common units representing limited partner interests in the Partnership not already owned by Chevron and its affiliates.

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