BP shares rise as FT reports more rivals looking at possible takeover
Published by Global Banking & Finance Review®
Posted on May 9, 2025
1 min readLast updated: January 23, 2026
Published by Global Banking & Finance Review®
Posted on May 9, 2025
1 min readLast updated: January 23, 2026
BP shares rose 1.9% after reports of takeover interest from rivals like Shell and Chevron, despite a 28% fall over the past year.
LONDON (Reuters) -Shares in BP 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, Chevron, ExxonMobil, TotalEnergies 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.
(Reporting by Samuel Indyk; Editing by Amanda Cooper)
The article discusses the rise in BP shares following reports of takeover interest from rival oil companies.
Shell, Chevron, ExxonMobil, TotalEnergies, and Adnoc have shown interest in BP.
BP shares have fallen by about 28% over the last 12 months.
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