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Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant ...
BP shares jumped Wednesday on a report that the oil major is in early stage talks to be acquired by Shell. People familiar with the matter told The Wall Street Journal that talks between BP and Shell ...
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.
BP shares jumped more than 10% to a session high of $32.94 on a report in The Wall Street Journal that Shell was in early-stage talks to acquire BP. The report, citing people familiar with the ...
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