How BP became a potential takeover target

What went wrong for BP? Once a hunter, oil giant is now prey

BP’s failed four-year transition experiment has destroyed market credibility and value, says analyst. Read more at straitstimes.com.

Dealmakers Get Back on Track Thanks to Private Sellers

Hi, it’s Fareed Sahloul in New York, with a half-year report card for dealmakers. Also today, why Shell might still need M&A after ruling out buying BP.

How BP became a potential takeover target

Shell's robust rejection of these reports appears to have, for now, thrown cold water on a potential takeover bid for BP.

Mark Kleinman: BP risks being left a Shell without new chair

BP risks being left a Shell without new chair A not-so-supermajor? Speculation about a Shell tilt at BP to establish a £200bn oil and gas behemoth has been running wild since a Bloomberg News report in May that the Anglo-Dutch group was “studying” such a move. Last week, that speculation lurched into overdrive, when the Wall Street Journal reported that the two companies were in “active” early-stage discussions with one another. BP’s board, the …

BP, once a hunter in the oil industry, is now prey. What went wrong?

For months, speculation has been building that the London energy giant BP could be acquired by a competitor. Its lackluster returns and low share price have made it a tempting takeover target.