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ConocoPhillips buys Concho in US$9.7B deal

"Remarkable" deal bodes well for the Permian

ConocoPhillips buys Concho in US$9.7B deal

ConocoPhillips announced overnight each share of Concho Resources common stock will be exchanged for a fixed ratio of 1.46 shares of ConocoPhillips common stock - a 15% premium to closing share prices...

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