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Shell denies BP bid and rules out takeover for six months
Shell (SHEL.L) has not bid for BP (BP.L) and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound by UK rules which mean such a statement bans it from bidding for BP for the next six months.
Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant ...
The Wall Street Journal reported yesterday that Shell (SHEL) was in early-stage talks to acquire BP (BP), a deal that could ...
Shell, led by boss Wael Sawan (pictured), doubled down on its denial of takeover talks after a Wall Street Journal report ...
Shell plc offers solid dividends, buybacks, and fair valuation, but no major upside on a BP p.l.c. merger. Click for my look ...
Shell Plc confirmed it has no intention of making an offer for BP Plc, having denied a report Wednesday that it was in active ...
The striking part of the statement is that it was made under what is known as 2.8 of the UK City Code on takeover and mergers ...
The energy company is holding early-stage talks to acquire rival BP (BP) in what would be ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
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