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.

Bu hikaye Daily Express dergisinin April 13, 2024 sayısından alınmıştır.

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Bu hikaye Daily Express dergisinin April 13, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.