Oxy targets $15bn asset sales in Anadarko bid

US player upped the cash element of its offer for rival after getting closer look at disposal targets

Aiming for asset sales: Oxy will sell off assets to help pay for the purchase of Anadarko, should the deal close — Aiming for asset sales: Oxy will sell off assets to help pay for the purchase of Anadarko, should the deal closeAP/SCANPIX

Eoin O'Cinneide

Published 24 April 2019, 13:25Updated 24 April 2019, 16:48

Financial Corporate Americas North America