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September 01, 2020 1:32pm
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Chevron to Buy Renewable Energy Group

Chevron Corp. (NYSE: CVX) announced on Monday that it has agreed to acquire sustainable fuel producer Renewable Energy Group Inc. (NASDAQ: REGI) for $3.15 billion. The deal is expected to close in the second half of 2022. REG’s fuels lower greenhouse gas emissions to reduce carbon impact. The...
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