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Sun, Sep 02, 2001 - Page 10 News List

Chevron's planned purchase of Texaco nears US approval

BLOOMBERG WASHINGTON

The commission also is weighing Phillips Petroleum Co's US$8.3 billion purchase of Tosco Corp, which industry analysts predict will receive approval next month, and Valero Energy Corp's US$5.4 buyout of Ultramar Diamond Shamrock Corp to form the largest US refiner.

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