BP shares rise as FT reports more rivals looking at possible takeover
LONDON, May 9 (Reuters) - Shares in BP BP.L edged higher on Friday after the Financial Times reported a number of rivals have "run the numbers" about a possible takeover of the London-listed oil company.
Shell SHEL.L, Chevron CVX.N, ExxonMobil XOM.N, TotalEnergies TTEF.PA and Adnoc have all looked at the figures, the FT reported citing sources, while trading house Vitol might be interested in elements of the business.
By 0726 GMT, shares in BP were up 1.9% but have still fallen by about 28% in the last 12 months.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Recommended Articles
Featured Tools
Top News
ORCL Stock: Why Oracle May Be the Beaten-Down Tech Giant Ready for a Comeback

Nvidia Makes First Bet on Legal AI, Invests $50 Million in Legora

POET Technologies Stock Could Still Surge in 2026, but the Bar for a Breakout Is Higher Now

What Is Intel, and Is Its Stock Still a Worthwhile Investment?

Amazon vs. Microsoft: Which Stock Is a Better Buy for 2026 and Beyond?

Tradingkey






