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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 are slim right now, because of the company's size and complexity, Moelis bankers told Bloomberg.
Shell Plc clarified on Wednesday that it is not in talks to take over rival BP. Shell’s comments came after a Wall Street ...
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.
BP's size, asset complexity and limited buyer interest make a near-term takeover highly unlikely, say Moelis bankers.
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 ...
LONDON] Shell denied The Wall Street Journal report that it is in active talks about acquiring its London-based oil rival BP.
BP surged as much as 10% in New York earlier on June 25 on the report that it was in early-stage takeover talks with Shell. Shares of the company erased most of those gains to trade 1.2% higher as ...