The Street -
12 Dec 2014 20:29
NEW YORK (TheStreet) -- The selloff in oil prices is expected to spur more energy mergers next year, as giants such as Exxon Mobil , Chevron , Royal Dutch Shell and Total snap up weaker players. "There are a number of companies out there that are more leveraged that are going to find it difficult to service their debt at current oil prices," says Scott Bok, CEO of investment bank Greenhill . "So I think there will be a lot of restructuring, but also a lot of M&A." In the short term, however, th...
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