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Thursday, Jun 26, 2025
Outside the box.
Shell Denies Takeover Talks with BP Amid Merger Speculations
Energy giant refutes reports of £57 billion acquisition discussions
Shell has officially denied reports suggesting it is in early-stage talks to acquire rival energy company BP in a potential £57 billion deal.
The company labeled such reports as 'market speculation' and reaffirmed its focus on internal performance and strategic priorities.
The denial comes amid a volatile market affected by geopolitical tensions and trade conflicts, where consolidation among energy firms has been a topic of investor interest.
The company labeled such reports as 'market speculation' and reaffirmed its focus on internal performance and strategic priorities.
The denial comes amid a volatile market affected by geopolitical tensions and trade conflicts, where consolidation among energy firms has been a topic of investor interest.
