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BP for several years has been the subject of takeover speculation due to the relative underperformance of its shares. Tony Beebe, an independent energy sector M&A advisor, posted on LinkedIn that BP ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
Shell’s robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.
UK supermajor Shell has denied latest media reports it is actively circling compatriot BP and could be poised to make a takeover bid. The Wall Street Journal on Wednesday reported that Shell is in ...
BP appears poised for acquisition, but it needs the right partner, one capable of unlocking the full benefits of potential synergies. Undoubtedly, Shell is the most prepared and best positioned to ...
Takeover speculation brought excitement to the otherwise boring world of oil this week, briefly pushing the BP share price up.
Shell has doubled down, denying rumors it is in early talks to buy rival U.K. energy giant BP, but it's not the first time the company has been the subject of takeover speculation.
Shell (SHEL.L) has not bid for BP (BP.L) and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound by UK rules which mean such a statement bans ...
On Wednesday, BP shares jumped by nearly 7% before paring the bulk of those gains after The Wall Street Journal reported that Shell is in early-stage discussions to acquire its British rival.
Shell, led by boss Wael Sawan (pictured), doubled down on its denial of takeover talks after a Wall Street Journal report fuelled speculation of a merger.
Bid speculation on BP has failed to mobilize the share price. After Shell was forced to deny an interest in launching a bid for fellow energy giant BP, which according to U.K. Takeover Panel protocols ...
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