HOUSTON (Bloomberg) -- Occidental Petroleum Corp.’s effort to raise as much as $8 billion by selling a stake in its Middle Eastern business has ended without a deal, people with knowledge of the matter said, and the company is now seeking to shop smaller pieces. Occidental had been trying to sell 40% of the operations to a group comprising the governments of Oman, Abu Dhabi and Qatar, people have said, to raise cash for drilling and share buybacks.
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Occidental talks for Middle East stake sale said to falter
![Occidental talks for Middle East stake sale said to falter]()
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