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.

Shell is unlikely to pursue a BP merger, preferring share buybacks and value creation; BP remains a possible future takeover target ... solutions for the same challenges. A sale of certain ...

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 ...

CFO Andre Schulten said more details about the job cuts will be shared on the company’s fiscal fourth-quarter earnings call ...

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

A boost for US futures following the shock court ruling on President Trump’s tariffs today failed to translate into another strong session for the FTSE 100 index. The Court of International Trade said ...

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