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BTCC / BTCC Square / Global Cryptocurrency /
Shell Evaluates Potential Acquisition of BP Amid Market Conditions

Shell Evaluates Potential Acquisition of BP Amid Market Conditions

Author:
Global Cryptocurrency
Published:
2025-05-04 10:06:02
10
3

Shell is actively assessing a potential takeover of rival BP, contingent on favorable stock and oil price movements. With a market valuation of approximately £149 billion—nearly double that of BP—the energy giant has intensified discussions with advisors to evaluate the strategic merits of such a move.

CEO Wael Sawan has previously prioritized share buybacks over large-scale acquisitions, emphasizing operational stability. Meanwhile, BP is streamlining its portfolio through a $20 billion asset sale and cost-cutting measures to bolster profitability under shareholder pressure.

|Square

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