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Activist shareholder Elliot Investment Management’s stake in BP could complicate the potential for any takeover bid for the ...
SHEL is reportedly assessing a bold takeover of BP, as weak oil prices and activist pressure spark speculation of major ...
BP's shares surged on Tuesday after reports claimed its rival Shell is considering acquiring the British oil and gas giant.
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AllAfrica on MSNShell Considering Acquisition of BP in Landmark Deal - ReportShell Plc is working with advisers to evaluate a potential acquisition of rival BP Plc, though it is waiting for further stock and oil price declines before deciding whether to pursue a bid, Bloomberg ...
Shell plc declared a $3.5 billion buyback program in reporting its first-quarter earnings Friday, making this the 14th ...
Hirstius will take on the additional role following Gretchen Watkins’ plan to step down, effective July 31, 2025. Watkins has served as president, Shell USA, since July 1, ...
The oil company may opt to focus on share buybacks and bolt-on acquisitions, according to people familiar with the matter.
Increased supply from OPEC and the economic uncertainty of trade wars weighing on demand could be a brutal combination for ...
Shell is the only major oil and gas giant whose stock is up in 2025. With a $200 billion market cap, making it the third ...
In February, bp announced a “fundamental reset” of its strategy, abandoning its clean-energy plans with renewed focus on ...
"BP is a national champion that requires capital and direction," said Onorino. The manager added that it makes little sense for any other rival to step forward, where potential acquirers have their ...
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