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Shell has denied recent reports in the Wall Street Journal suggesting that the oil giant is in preliminary talks to acquire its British rival, bp, reported Reuters. A Shell spokesperson stated: "No ...
Shell is in early-stage talks to acquire BP, The Wall Street Journal reported. BP has been under pressure recently as it has underperformed Shell and its U.S. rivals. It is unlikely Shell would ...
The statement from the U.K.-based oil giant came after The Wall Street Journal reported Wednesday that Shell was holding early-stage talks to acquire BP.
Shell issues statement rejecting claims of a £60 billion merger with BP, following media reports citing preliminary discussions ...
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
Rumors have been growing about a historic multibillion-dollar acquisition, but Shell says no talks are happening.
It’s not buying BP Plc. But last week’s forceful denial doesn’t address why the M&A chatter gained so much traction, ...
Shell denied that it was in talks to buy BP after the Wall Street Journal reported on Wednesday that the oil major was in ...
Early reports on Wednesday saw BP’s shares jump 7 percent as The Wall Street Journal and other news outlets reported that Shell was in early talks to acquire BP for around $80 billion.
Shell denies reported talks to acquire BP in potential mega oil merger By Rachel Nostrant, Staff writer Updated June 25, 2025 1:59 p.m.
Shell has denied recent reports in the Wall Street Journal suggesting that the oil giant is in preliminary talks to acquire its British rival, bp, reported Reuters. A Shell spokesperson stated ...