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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 share price's upside gains came to an end after two sessions as US oil glut and the company's weak fundamentals returned ...
Energy Intelligence looks at what could happen during the six months that Shell, under normal circumstances, is barred from ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and investor dissatisfaction.
Shell said “no talks are taking place” for a potential megamerger with rival BP that would cost more than $80 billion and ...
City investment bankers have been floating the idea of a Shell-BP deal to create a London-based European oil champion on the ...
The striking part of the statement is that it was made under what is known as 2.8 of the UK City Code on takeover and mergers ...
LONDON] Shell said it has no intention of making a takeover offer for BP, refuting an earlier report that two of Europe’s ...
The announcement means that Shell will not be able to make a formal takeover approach for BP for six months, under City rules ...
A tie-up has long been the subject of speculation, but Shell insists its focus is on delivering shareholder value through its ...
BP’s failed four-year transition experiment has destroyed market credibility and value, says analyst. Read more at straitstimes.com. Read more at straitstimes.com.
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