Chevron to Acquire Algerian Oil Firm for $33bn

American oil giant, Chevron has sealed a deal to acquire Algerian oil firm after entering into a definitive agreement with Anadarko Petroleum to acquire all of its outstanding shares in a stock and cash transaction valued at $33 billion, or $65/share.
Under the terms of the agreement, Anadarko shareholders will receive 0.3869 shares of Chevron and