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Number 10 warns of opposition to potential BP bid

The Government has met with BP in recent days to express its opposition to any potential takeover of the company. This follows speculation that BP could be the next company to be caught up in an acquisition following Shell's bid for BP. ExxonMobil, the world’s biggest non-state owned oil company, has been linked with making a move for BP, while other reports have suggested that Shell had mulled a bid for its £87bn peer before making a bid for its smaller rival.

Abstract details


Journal title: Daily Telegraph

Keywords: Mergers and Acquisitions

Countries: UK -

Organisation: ExxonMobil Corporation|BP

Subjects: Banking, finance and investment

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