The arithmetic is tricky for a Shell bid for BP today. Next year may be different

theguardian.com/business/nils-pratley-on-finance/2025/jun/26/shell-bid-bp-takeover

Shell says it has ‘no intention’ of making an offer for BP. But if its share price rises, the numbers could work
BP is a sitting duck for a takeover bid by most criteria. Its share price has underperformed rivals’ for years. The latest strategic “re-set” was a bits-and-pieces production…

This story appeared on theguardian.com, 2025-06-26 16:37:33.
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