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The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside.

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Shell May Still Need M&A After Ruling Out Buying BP The oil giant has denied it’s pursuing an acquisition of its UK rival, but that doesn’t preclude other deals.

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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 bans it from bidding ...

Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic ...

Shell has formally denied any intention to bid for BP, dismissing recent media speculation about a potential merger between the two UK-based energy giants.

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Shell denied that it was in talks to buy BP after the Wall Street Journal reported Wednesday that the oil major was in early discussions over a takeover of its British rival.

BP's stock price rose while Shell shares slid on news that the companies are in early talks over a potential merger.