Shell plots bid for BP amid rival's net zero crisis

By Yahoo! Finance   |   2 weeks ago
Shell plots bid for BP amid rival's net zero crisis

Shell is contemplating a takeover of BP due to BP's struggles with its net zero transition. Shell is evaluating the feasibility and benefits of the acquisition, amidst BP's stock decline and strategic setbacks. A potential merger would face regulatory scrutiny and financial implications. Shell is monitoring the situation before making a bid.

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