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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 ...
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 it. No plans to buy BP. No talks. Nothing to see. Still, when your biggest domestic rival has to publicly ...
Shell said on Wednesday that "no talks are taking place" after a Wall Street Journal article cited unnamed sources saying Shell was in early discussions to take over rival BP .
Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
Shell has refuted reports of engaging in acquisition talks with BP, as stated by the Wall Street Journal. While BP faces ...
The deal would be among the largest in European history, creating for the first time an oil major that could challenge industry leaders Exxon Mobil and Chevron.
Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival. BP shares pared gains ...
Whether the reported talks are merely “further market speculation,” as the Shell spokesperson characterized them, or not, investors took both the news and Shell’s denial seriously: BP shares ...
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