29 April 2024
ANALYSIS: Markets unmoved but ExxonMobil-BP takeover talk rings true
Publication date: 14 March 2017
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The share price of British oil and gas major BP enjoyed a small uptick late last week following unconfirmed reports of renewed takeover interest from US rival ExxonMobil.
ExxonMobil has been linked with BP in the past and on Friday media reports emerged that the US giant was approaching major shareholders to reassess interest in a potential buyout.