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The Deal Room: Citi strikes a $3.6bn deal with HSBC & ExxonMobil looks to acquire Pioneer for $56bn
Published 2 years, 5 months ago
Description
In The Deal Room this week the team discuss:
- Citi's decision to sell its $3.6bn China consumer wealth portfolio to HSBC. Find out the strategy behind the deal and what might come next for the UK-listed bank.
- ExxonMobil is embarking on one of the biggest M&A deals of the year. The acquisition represents the first big move of an oil Supermajor in the Permian Basin, the USA’s largest oil-producing region.
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