![Occidental enters agreement to acquire Carbon Engineering Occidental will acquire all the outstanding equity of Carbon Engineering Ltd. for total cash consideration of approximately $1.1 billion. Photo by Radission US on Unsplash.](https://netzeronewshub.com/wp-content/uploads/2023/09/Photo-by-Radission-US-on-Unsplash.-Occidental-600x400.jpg)
Occidental enters agreement to acquire Carbon Engineering
Occidental announced to enter into a definitive purchase agreement with Carbon Engineering.Occidental will acquire all the outstanding equity of Carbon Engineering Ltd. for a total cash consideration of approximately $1.1 billion. The said is to be delivered in three approximately equivalent annual payments. The transaction will close before the end of 2023.The transaction is subject…