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Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant ...
Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between ...
Shell has doubled down, denying rumors it is in early talks to buy rival U.K. energy giant BP, but it's not the first time the company has been the subject of takeover speculation.
A megamerger of this sort would vault Shell's market cap closer to ExxonMobil’s $468 billion and likely beyond Chevron’s $248 billion.
It is unlikely Shell would purchase the entirety of BP, people familiar with the matter told CNBC’s Brian Sullivan.
The Wall Street Journal recently said the British oil giant was holding 'early stage talks' to acquire BP, citing people familiar with the matter ...
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could be the largest oil merger in a generation, potentially surpassing ExxonMobil ...
Shell announced that it is not actively considering making an offer for BP, has not approached BP, and that no talks have taken place. Why it matters: Shell announced under Rule 2.8 of the UK City ...
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.