Unocal has for years been considered a takeover target, and the China National Offshore Oil has recently expressed interest in the El Segundo, Calif.-based company.
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Chevron To Make A Bid To Unocal
ChevronTexaco is likely to make a bid for its smaller rival Unocal Corp
ChevronTexaco is likely to make a bid for its smaller rival Unocal Corp., The Wall Street Journal reported Thursday.
The Journal said ChevronTexaco was in the early stages of its deliberations and said it was unknown whether it would make a formal bid for the ninth largest U.S. based oil and natural gas company.
Unocal has for years been considered a takeover target, and the China National Offshore Oil has recently expressed interest in the El Segundo, Calif.-based company.
Unocal has for years been considered a takeover target, and the China National Offshore Oil has recently expressed interest in the El Segundo, Calif.-based company.
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