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Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and ...
BP plc BP has entered into an agreement to divest its mobility and convenience, as well as bp pulse, businesses in the ...
BP is worth close to $160 billion on a sum-of-the-parts basis, the FT reported, excluding debt and liabilities. This is more than twice as much as its current market valuation, which currently ...
Applying the 36% average bid premium seen on London-listed stocks so far this year implies a potential takeover valuation for BP of £78bn — representing one of the biggest takeovers ever for a FTSE ...
In fact, BP's shares rose in January on a report that Royal Dutch Shell (NYSE: RDS-A) (NYSE: RDS-B) was mulling a takeover following the spill. That was a time when BP's shares had tumbled as much ...
Despite a competing offer, TravelCenters of America has set the date for shareholders to vote on BP's $1.3 billion acquisition of the company as well as millions in "golden-parachute" payments.
It should also be noted that Lightsource bp entered the German market a year ago with the target to develop up to 400MW of solar PV per year by 2030, a number it recently increased to 500MWp.
Shell plc SHEL is reportedly exploring a potential acquisition of British energy rival BP plc BP, a deal that could mark one of the largest mergers in the history of the oil industry.
Discussions inside Shell have gained momentum in recent weeks, driven largely by BP’s declining market capitalization. BP’s shares have lost nearly 22.4% over the past year due to weak oil ...