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Shell’s robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.
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 ...
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.
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.
UAE oil giant ADNOC has joined the fray of firms said to be circling some of BP's highly prized assets, as takeover speculation for the embattled energy major kicks into overdrive. Abu Dhabi ...
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could ...
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 ...
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