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Shell is in early-stage talks to acquire BP, The Wall Street Journal reported. BP has been under pressure recently as it has underperformed Shell and its U.S. rivals. It is unlikely Shell would ...
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.
Rumors have been growing about a historic multibillion-dollar acquisition, but Shell says no talks are happening.
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 ...
(Reuters) -Shell is in early talks to buy rival BP, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Talks between company representatives are active and BP is ...
BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.
It’s not buying BP Plc. But last week’s forceful denial doesn’t address why the M&A chatter gained so much traction, ...
Shell Denies It Is About to Buy Rival BP ... Shell was in early talks to acquire BP for around $80 billion. Although whispers circulated earlier this year that Shell might make a bid for BP, ...
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's acquisition of BP would likely cost the company ...
HOUSTON — Shell PLC (NYSE: SHEL) has denied reports that it is in preliminary talks to acquire fellow energy giant London-based BP PLC (NYSE: BP). Both companies have their U.S. headquarters in ...
Shell are reportedly interested in acquiring BP. Oil giant Shell has denied reports that it is engaged in talks to acquire rival BP. BP shares jumped by as much as eight per cent after reports of a ...