BP's size, asset complexity and limited buyer interest make a near-term takeover highly unlikely, say Moelis bankers.

BP plc’s BP potential takeover appears highly unlikely at present ... asset mix and valuation challenges make any near-term acquisition highly improbable. Subsea 7 helps build underwater ...

The chances that a rival oil company will take over BP Plc are slim right now, even as peers have been running the numbers, because of the firm’s size and complexity, said bankers from Moelis & Co.

Apollo Global Management (NYSE:APO) was in the spotlight this past quarter, driven by its bid to take Papa John's private, contributing to a 6% share price increase. This M&A buzz highlighted market ...

The macroeconomic environment looks to have turned against top dividend payers BP and Shell, raising questions about their ...

A protracted period of underperformance relative to its industry peers has thrust BP into the spotlight as a prime takeover ...

UAE oil giant ADNOC has joined the fray of firms said to be circling some of BP's highly prized assets, as takeover speculation for the embattled energy major kicks into overdrive. Abu Dhabi ...

Energy major BP (NYSE:BP) was gaining for the seventh straight session on Friday as its shares rose 2.33% to reach $31.64 during afternoon trading. The company added more than 6% in the preceding six ...