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BP plc’s BP potential takeover appears highly unlikely at present, according to senior bankers at Moelis & Co., who cite the British oil major’s vast size and operational complexity as major ...
The chances that a rival oil company will take over BP Plc are slim right now, even as peers have been running the numbers, because of the firm’s size and complexity, said bankers from Moelis &; Co.
The deal would be among the largest in European history, creating for the first time an oil major that could challenge industry leaders Exxon Mobil and Chevron.
Shell Plc clarified on Wednesday that it is not in talks to take over rival BP. Shell’s comments came after a Wall Street Journal report cited unnamed sources saying the US company was in early ...
LONDON] Shell denied The Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP. Read more at The Business Times.
BP plc’s BP potential takeover appears highly unlikely at present, according to senior bankers at Moelis & Co., who cite the British oil major’s vast size and operational complexity as major ...
BP Takeover Would Be a Longshot Due to Size and Complexity, Moelis Bankers Say The chances that a rival oil company will take over BP Plc are slim right now, even as peers have been running the ...
BP Plc shares jumped as much as 10% in New York after the Wall Street Journal reported that Royal Dutch Shell Plc is in early ...
BP plc’s BP potential takeover appears highly unlikely at present, according to senior bankers at Moelis & Co., who cite the British oil major’s vast size and operational complexity as major barriers ...