Deals, deals, deals...in a bear market - Part 5
It's pretty gloomy out there given the current state of affairs but hasn't put a dampener on dealmaking.
Today in the US ConocoPhillips announced a $9.7 billion for shale explorer and producer Concho Resources while chip maker Intel Corporation is in talks to sell its memory-chip unit to South Korea’s SK Hynix Inc. for roughly $10 billion. That's two $10 billion deals in a day...
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