Current APA Stock Info

Latest action from energy M&A front line
Apache Corporation (ticker: APA) rejected an unsolicited bid of $18 billion over the weekend, according to a report from Bloomberg. Apache has not commented on the report, but the company is said to be working with Goldman Sachs Group Inc. on a defense strategy.

The development is the latest chapter in an energy market that is arguably becoming more cutthroat by the day as companies adjust to a commodity slump that has persisted for nearly 12 months. Suncor (ticker: SU) is currently trying to acq...


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