regulatory
confidence high
sentiment neutral
materiality 0.35
FTC issues Second Request for Occidental's CrownRock acquisition, extending HSR waiting period
OCCIDENTAL PETROLEUM CORP /DE/
- Occidental and sellers received a Second Request from FTC on Jan 19, 2024, regarding the CrownRock acquisition.
- Second Request extends HSR waiting period until 30 days after parties substantially comply.
- Occidental and Sellers continue to work constructively with the FTC in its review.