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The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside.
News that Shell and BP were involved in tie-up talks on Wednesday reignited chatter about the potential for an oil industry megamerger on a scale unseen since the 1990s. But analysts consulted by ...
UK supermajor Shell has denied latest media reports it is actively circling compatriot BP and could be poised to make a takeover bid. The Wall Street Journal on Wednesday reported that Shell is in ...
Shell denied a takeover but the rumor highlights what investors are starting to see: BP’s deep discount and strategic pivot may be ripe for revaluation.
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Shell-BP speculation: how we got here - MSNShell 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.
Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With ...
Shell “has not been actively considering making an offer for BP and confirms it has not made an approach to, and no talks have taken place with BP with regards to a possible offer”, it said in ...
Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.
Shell said it hasn't made an approach to BP, denying it was in talks for what would be the largest oil deal in a generation. The statement from the U.K.-based oil giant came after The Wall Street ...
The statement from the U.K.-based oil giant came after The Wall Street Journal reported Wednesday that Shell was holding early-stage talks to acquire BP.
Shell has insisted it has no intention of making an offer to buy BP, stamping out speculation that it was in early-stage takeover talks.
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