BP's size, asset complexity and limited buyer interest make a near-term takeover highly unlikely, say Moelis bankers.

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.

Shell brought on advisers to explore a potential acquisition of BP last month, but a potential sale now appears unlikely, ...

BP p.l.c., an integrated energy company, provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments.

The Middle East conflict and prospect of a protracted regional fight has put investors and business leaders on edge as the ...

Abu Dhabi National Oil Company (ADNOC) and the XRG Consortium have launched a $30 billion takeover for Australian-based ...

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 ... company has discussed the ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

Energy major BP ( NYSE: BP) was gaining for the seventh straight session on Friday as its shares rose 2.33% to reach $31.64 during afternoon trading. The company added more than 6% in the preceding ...