Largest upstream M&A since March 2017
BHP (ticker: BHP) has finally found a buyer for its U.S. shale assets, as the company today announced BP (ticker: BP) will purchase most onshore U.S. properties. BP will pay $10.5 billion for BHP’s properties in the Eagle Ford, Permian and Haynesville.

This sale will be the largest oil and gas M&A deal since Marathon acquired Andeavor for $23 billion in April, and the largest upstream deal since ConocoPhillips sold much of its Canadian for $13.3 billion in March 2017.

BHP announced its intent...


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