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Shell says 'no talks are taking place' after WSJ reports BP takeover discussions

ReutersJun 25, 2025 4:46 PM

- Shell SHEL.L said on Wednesday that "no talks are taking place" after a Wall Street Journal article cited unnamed sources saying Shell was in early discussions to take over rival BP BP.L.

“This is further market speculation," a Shell spokesperson said. "As we have said many times before we are sharply focused on capturing the value in Shell through continuing to focus on performance, discipline and simplification."

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