Shell in talks to acquire BP - report

  • Shares of BP up 7.8% on the report from the WSJ
Shell BP

Two UK energy giants are in talks to merge. The larger Shell is in 'early stage talks' to acquire BP in what would be one of the largest deals ever, according to the WSJ. BP had a market cap of about $80 billion before the report and has rallied 7.5% since.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access