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Occidental in talks to sell petrochemical business for $10 billion: FT (OXY:NYSE)

Occidental in talks to sell petrochemical business for $10 billion: FT (OXY:NYSE)

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Occidental Petroleum (NYSE:OXY) is negotiating the sale of its OxyChem division in a deal that could exceed $10 billion, the Financial Times reported Sunday.

If completed, the transaction would mark Occidental’s (NYSE:OXY) largest divestiture to date and create one

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