Chevron to acquire Renewable Energy Group in $3.15B cash deal to boost renewable fuels position
Green Car Congress
FEBRUARY 28, 2022
Chevron Corporation and Renewable Energy Group announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 —Chevron Chairman and CEO Mike Wirth. In addition, REG president & CEO CJ Warner is expected to join Chevron’s Board of Directors.
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