Speculation of BP takeover after Abu Dhabi ponders bid
Daily Express|April 13, 2024
SHARES in BP jumped yesterday after it became takeover speculation the target of The boost came following reports the Abu Dhabi National Oil Company recently considered a bid.
Graham Hiscott
Speculation of BP takeover after Abu Dhabi ponders bid

According to Reuters, the state-company owned oil ultimately decided BP would not be the "right fit". Politics were also likely to be a factor.

However, it raised the prospect that BP a crown jewel in the 100 could yet be snapped up.

The £88billion company has lagged behind competitors for years, which investors and analysts say has made the British firm a potential takeover target.

Denne historien er fra April 13, 2024-utgaven av Daily Express.

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Denne historien er fra April 13, 2024-utgaven av Daily Express.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.