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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 ...
The June 26 news comes after reports that Shell entered early talks to buy BP in what would easily represent the largest ...
It’s not buying BP Plc. But last week’s forceful denial doesn’t address why the M&A chatter gained so much traction, ...
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GlobalData on MSNShell denies reports of acquisition talks with BPShell has denied recent reports in the Wall Street Journal suggesting that the oil giant is in preliminary talks to acquire its British rival, bp, reported Reuters. A Shell spokesperson stated: "No ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
Market chatter about a potential Shell-BP merger has intensified, fueled by BP’s weak performance, strategic flip-flops, and ...
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 from bidding ...
A theoretical Shell-BP combination would carry debt and antitrust issues while requiring greater layoffs and divestments.
Shell denies reported talks to acquire BP in potential mega oil merger By Rachel Nostrant, Staff writer Updated June 25, 2025 1:59 p.m.
Shell (SHEL) moved swiftly to quash a Wall Street Journal report suggesting early-stage takeover talks with rival BP (BP), insisting that “no talks are taking place” and denouncing the article ...
Shell has denied recent reports in the Wall Street Journal suggesting that the oil giant is in preliminary talks to acquire its British rival, bp, reported Reuters.
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