The all-stock deal values Noble Energy at around $4.1 billion, excluding $8 billion in debt
Hong Kong-based company seeking to press ahead on debt deal
Noble said gross proceeds from the sale of its oil liquids business would be $1.4 bn, and after deducting debt of about $836 mn, cash proceeds would be about $580 mn
The consideration for the divestiture consists of $800 million plus the repayment to NAES working capital at closing