Shell is said to eye deal for Endeavor Energy as price tag drops
The Dutch-British oil major is reportedly interested in buying West Texas-based Endeavor Energy, as the latter's valuation declines amid complicated terms of sale and talk of a public listing in 2019.
By Bloomberg News, Kiel Porter & Dinesh Nair
Royal Dutch Shell Plc is in negotiations to buy Endeavor Energy Resources LP for about USD 8 billion, according to people familiar with the matter, or roughly half as much as the Texas oil producer was expected to fetch when it put itself on the block this year.
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