Chevron will acquire shale driller PDC Energy in a $6.3 billion all-stock deal, adding to its reserves in the productive Permian Basin. There are likely to be more oil-and-gas transactions in the near future, with major companies flush with cash from a very profitable 2023.
Japan's Mizuho will buy the boutique investment bank Greenhill in a deal worth $550 million including debt,
RenaissanceRe will buy American International Group's reinsurance business for $3 billion,
gastrointestinal drugmaker Ironwood Pharmaceuticals said it would acquire Swiss biotech company VectivBio for around $1 billion.