Morningstar

Shell in Early Talks to Acquire Rival BP — -2-

1124 GMT - Gold futures rise on declining U.S. Treasury yields and a weaker U.S. dollar. Futures are up 0.35% at $3,354.80 a troy ounce. The precious metal has extended its recovery after investor ...
Upstream

Shell executive quit after BP acquisition proposal rebuffed - report

Senior leaders at Shell rejected a proposal to acquire rival BP early in 2025, prompting the resignation of the former executive in charge of Shell’s mergers and acquisitions, the Financial Times ...
Forbes

Shell Won’t Buy BP, Should You?

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With shares ...
Daily Journal

Shell denies reports that the energy giant is in talks to take over BP

LONDON (AP) — British oil giant Shell on Thursday denied media 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 ...
AOL

After denying reports of BP takeover, Shell is legally barred from making an offer for six months—and there are no other suitors in sight

Shell doubled down on its denial of acquiring rival BP, claiming it has “no intention” of making an offer while invoking a U.K. law that forbids Shell from bidding on BP during the next six months ...
Money Morning

Shell and BP: Could a Blockbuster Oil Deal Reshape the Industry Despite the Denial?

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 ...
Seeking Alpha

Shell issues statement denying BP takeover talks; U.K. rule bans bid for six months

Shell (NYSE:SHEL) +2.5% pre-market Thursday after issuing a statement that it has not engaged in talks with rival BP (NYSE:BP) and is not planning a takeover offer, in a firm denial of the previous ...
Nasdaq

Shell Denies Interest in BP Takeover, Freezing Potential Deal for Six Months

Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no talks ...
Hosted on MSN

Shell says it’s not in talks to acquire BP as takeover rumours swirl

Oil giant Shell said on Thursday that it had “no intention” of making an offer for its UK rival BP and asserted that no such talks between the firms had taken place. In line with the UK Takeover Code, ...
NBC Bay Area

How BP became a potential takeover target

For weeks, market tongues have been wagging about a potential merger between Britain's oil giants — until, ending weeks of speculation, Shell on Thursday denied reports that it's in talks to acquire ...
News Tribune

Shell denies reports it’s in talks to take over BP

LONDON (AP) -- British oil giant Shell on Thursday denied media 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 ...
Morningstar

Shell in Early Talks to Acquire Rival BP — Commodities Roundup

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, ...