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Apache said to have received unsolicited bid

Published Mon, Nov 9, 2015 · 09:50 PM

London

APACHE Corp, the oil and natural gas company worth more than US$18 billion, has received an unsolicited takeover approach, according to people familiar with the matter.

The Houston-based company rejected the initial offer and is working with financial adviser Goldman Sachs Group Inc on defence, said the people, who asked not to be identified because deliberations are private.

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Companies & Markets

Apache said to have received unsolicited bid

Energy & Commodities

Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains

Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early

Anglo rejects BHP takeover bid as significantly undervalued

India rice prices at three-month low on shrinking demand

Gold prices set for weekly decline ahead of US inflation data

Pricey coffee is here to stay as hoarding, heat hit Vietnam supply

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