UPDATE 1-Occidental to cut Western Midstream majority stake below 50%
05 Jan UPDATE 1-Occidental to cut Western Midstream majority stake below 50%
Posted at 15:12h
in
News
by KMFSLLP
Occidental Petroleum Corp said on
Monday it would cut its majority stake in pipeline operator
Western Midstream Partners LP to less than 50% in 2020,
as it looks to reduce its debt that grew significantly with the
Anadarko deal.
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