Apache Said to Get Takeover Approach for $18 Billion Company

  • Apache rejected unsolicited offer and is working with Goldman
  • Buyer couldn't be identified, unclear if talks will resume

Apache Gets Unsolicited Takeover Approach

Apache Corp., the oil explorer worth more than $18 billion, has received an unsolicited takeover approach for a deal that would be the largest for an independent producer in the U.S. this year, according to people familiar with the matter.

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