Company is exercising its pre-emption rights related to sale of Occidental Petroleum’s interests to Kosmos Energy
Declan Kelly resigned this week after allegations emerged of drunken behaviour at a fundraising party
Acquisition expected to trigger deals in oil sector as deep-pocketed groups such as Chevron and ExxonMobil lead consolidations
Order book for 10-part $13bn offering hits $78bn as demand surges
Rise comes as Chevron reports the highest production levels in its history
Declan Kelly-led advisory firm had worked for both sides in Anadarko takeover battle
Most stocks on Iseq slump as air sector deflates
Occidental offer of $38 bn is backed by investor Warren Buffett
Thinner trading volumes see Iseq down in light of London’s bank holiday shutdown
Company increases cash portion of its bid to 78% from 50% as it looks to close $38bn deal
Berkshire Hathaway repurchase scheme a small portion of company’s $114bn cash pile
Concerns raised over size of debt to be take on
At least one killed in African country still recovering from Cyclone Idai last month
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