
ExxonMobil Makes First Corporate Acquisition Bid since 2013
Oil major ExxonMobil looks to acquire natural gas producer InterOil Corp. for $2.5 billion ExxonMobil (ticker: XOM) has made a $2.5 billion all-stock offer for InterOil Corp. (ticker: IOC), a U.S.-listed company with natural gas assets in Papua New Guinea. The deal marks the first time that ExxonMobil has attempted to make a major corporate acquisition since its $2.6 billion