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 said on Thursday it hasn’t actively considered an offer for BP and has no intention of making such a bid, after a media report earlier this week rekindled speculation about a giant energy tie-up ...
Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over rival company BP. “This is further market speculation. No talks are taking place,” the company said ...
Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no talks ...
LONDON, June 26 (Reuters Breakingviews) - Wael Sawan can take a breather on BP (BP.L), opens new tab, at least for a bit. The boss of $207 billion UK oil major Shell (SHEL.L), opens new tab on ...
Shell has denied a report in the Wall Street Journal saying it was in early talks to acquire BP, a long whispered move that could boost Shell’s ability to compete with Exxon Mobil and Chevron at a ...
LONDON – British oil giant Shell on Thursday denied media reports that it is in talks to buy rival BP. The Wall Street Journal on Wednesday said Shell was holding “early stage talks,″ to acquire BP, ...
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. Trading near $30 per share and up just 3% ...
LONDON (Reuters) -Shell has not bid for BP and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound by UK rules which mean such a statement bans it ...
Shell said it’s not trying to buy its British rival, but changing conditions at BP keep fueling speculation that a tie-up is possible. Talk of a possible megadeal rippled through the oil industry ...
Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...
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