15
Apr
Apr
Energy Giants Eye BP as Prime Takeover Target in Sector-Wide Consolidation Push
-
News Editor / 5 months
- 0
- 1 min read
BP plc has emerged as the oil industry’s most attractive acquisition target, with analysts predicting potential bids from Shell, Chevron, or private equity consortia. Bernstein Research notes BP’s unique position as the only European major trading below its breakup value (currently £72/share vs estimated £89 NAV). Key drivers fueling speculation: BP’s renewable energy portfolio (28GW […]