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Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...
Looking ahead to 2025, BP expects lower upstream production due to asset divestments in Egypt and Trinidad. Refining and fuel ...
A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...
Abu Dhabi’s national oil company, Adnoc, is exploring the possibility of acquiring select BP assets if the British energy ...
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BP Begins Sale of Castrol in $20B Asset Divestment StrategyBP’s asset sales decision followed as activist investor ... Earlier reports indicated that Saudi Aramco had expressed interest in Castrol. While no bidder has been officially named, the ...
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Stocktwits on MSNBP Stock In Spotlight After Report Says Elliott Acquires About $5B Stake, Aims To Push For Asset Sales: Retail Mood BrightensBP Plc (BP) stock garnered retail attention ... taken up a nearly $5 billion stake in the company and would push for asset sales. A Financial Times (FT) report said Elliott’s £3.8 billion ...
Although HNS has informed the Trustee that it expects to make an offer for the Royalty Interest ... for the Trust assets, the amount of proceeds, if any, that may result from a sale of the Trust ...
A sale of the business ... sizable non-core asset divestments. BP’s lubricants business could be worth about $8 billion to $10 billion based on an earnings before interest, tax, depreciation ...
BP’s asset sales decision followed as activist investor Elliott Management ... Earlier reports indicated that Saudi Aramco had expressed interest in Castrol. While no bidder has been officially named, ...
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