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Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant ...
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Shell Denies BP Takeover Rumors
Oil and gas giant Shell has publically denied the rumors that it is looking at purchasing BP in a deal that could total $80 ...
Shell issued a definitive denial on Thursday, stating it has not, and is not actively considering, a bid for BP. The company further noted it is now subject to UK regulations that prohibit it from ...
Shell denied a takeover but the rumor highlights what investors are starting to see: BP’s deep discount and strategic pivot may be ripe for revaluation. Trading near $30 per share and up just 3% ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
It’s not buying BP Plc. But last week’s forceful denial doesn’t address why the M&A chatter gained so much traction, ...
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...
Shell has refuted reports of engaging in acquisition talks with BP, as stated by the Wall Street Journal. While BP faces ...
Shell plc offers solid dividends, buybacks, and fair valuation, but no major upside on a BP p.l.c. merger. Click for my look at both BP and SHEL and which I prefer.
BP's $8 billion Castrol sale draws interest from CD&R, a firm linked to its chairman, adding intrigue to a high-stakes ...
BP Plc to reopen office in Libya by 2025, signs agreement with NOC for new exploration opportunities. Shell also involved in ...
Shell said it has no plans to acquire BP, rejecting media reports and confirming no talks have occurred under the UK Takeover Code's Rule 2.8.