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British oil giant Shell is denying 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 its smaller rival, citing ...
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 denied that it was in talks to buy BP after the Wall Street Journal reported on Wednesday that the oil major was in ...
Shell is holding early-stage talks to acquire rival BP in what would be the largest oil deal in a generation, people familiar with the matter said. Talks between company representatives are active, ...
A report suggesting multinational oil company Shell is in early talks to acquire fellow gas giant BP sent shockwaves through Houston's energy industry Tuesday—but Shell is firmly denying any such ...
A megamerger of this sort would vault Shell's market cap closer to ExxonMobil’s $468 billion and likely beyond Chevron’s $248 billion.
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. A Shell spokesperson stated ...
Rumors have been growing about a historic multibillion-dollar acquisition, but Shell says no talks are happening.
BP shares jumped 7% after news broke that BP is in early-stage talks with Shell for a possible acquisition. According to The Wall Street Journal, the discussions are active but moving slowly, with no ...
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could ...
A tie-up has long been the subject of speculation, but Shell insists its focus is on delivering shareholder value through its ...