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Goldman reported readying BP for takeover defense


June 6, 2010, 1:27 p.m. EDT

LONDON (MarketWatch) — BP PLC’s regular adviser Goldman Sachs is rumored to be preparing to fend off any potential takeover attempts for the U.K. oil major, reports the Independent on Sunday.

“BP’s regular adviser, Goldman Sachs, is rumored to be dusting off the company’s defense playbook,” the paper says.

The Independent says a Western major company takeover attempt is “far-fetched” and an immediate takeover attempt in general is unlikely.

The paper says technical experts from “oft-speculated potential buyers ExxonMobil, Royal Dutch Shell and Chevron” are instead in Houston this weekend to help BP control the Gulf Of Mexico oil spill.


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