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“For now, any takeover of BP by Shell will be a 2026 story, and is unlikely to happen in 2025,” said Kathleen Brooks, research director for the XTB brokerage house.
By Shelby Webb | 06/26/2025 06:52 AM EDT Shell said it’s not trying to buy its British rival, but changing conditions at BP keep fueling speculation that a tie-up is possible.
Energy giant Shell has maintained the pace of its $3 billion-plus share buybacks, despite quarterly profits falling by a ...
LONDON (Reuters) -Shell has not bid for BP 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 ...
Shell said “no talks are taking place” for a potential megamerger with rival BP that would cost more than $80 billion and represent the biggest energy deal of the century. Shell and BP (ranked ...
No talks are taking place,” a Shell spokesperson said. BP surged as much as 10% in New York earlier on June 25 on the report that it was in early-stage takeover talks with Shell.
Analysts at UBS note that Shell (SHEL) would need to find more than $5B in post-tax synergies for a BP (BP) deal to be accretive to free cash flow, a tall order given the likely premium demanded ...