Shell denies considering takeover of BP, potential benefits if deal occurs, positive.
From Morningstar: 2025-06-26 09:33:00
Shell announced that it is not considering an offer for BP and no talks have been held. A potential deal could benefit Shell if they can reduce costs and sell assets. Morningstar maintains a £2.76 fair value estimate for Shell and £4.45 for BP. Selling BP could be beneficial for shareholders based on leadership.
Read more at Morningstar: Shell Formally Denies BP Takeover Speculation