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BP a takeover target

Screen Shot 2014-10-28 at 12.31.23Ben Levisohn has written an article for Barron’s stoking up further the persistent speculation about the prospect of a takeover bid for BP. He quotes from an expert assessment by Oppenheimer analysts Fadel Gheit and Luis Amadeo and points out that although they do not name names, the timing is right and the obvious contenders are Royal Dutch Shell, ExxonMobil, Chevron and Total.  A merger between BP and any one of these rivals would create the worlds biggest oil producer. 

Big oil is exposed to falling prices who can survive?: 28 October 2014

Shell BP Mega-Merger?: 29 May 2014

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