Hess Faces Investor Suit Over $53B Chevron Deal

By Caroline Simson ( July 11, 2025, 3:52 PM EDT) -- As the parties await the result of a critical arbitration proceeding that could sink a planned $53 billion sale of Hess to Chevron, a shareholder is arguing that the deal disproportionately benefits CEO John Hess at the expense of the company's investors....

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