Anadarko Petroleum to pay $5.15 bn in pollution case
New York (AFP) April 03, 2014 - Anadarko Petroleum Thursday agreed to pay $5.15 billion to resolve decades-old environmental claims in a settlement the US said would discourage companies from engaging in corporate makeovers to avoid pollution liability. The record environmental settlement covers dozens of claims against Kerr-McGee, an oil company Anadarko acquired in 2006. Prior to the takeover, Kerr-McGee restructurings s ... more
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