Shell is considering buying rival BP in a potential $80B deal

From Yahoo Finance: 2025-06-26 11:45:00

Shell is in early talks to acquire BP, valued at $80B. A deal could be the largest in the oil industry since Exxon Mobil’s $83B merger. BP shares surged 9.5% to $32.67 on the news. Talks are active and BP is carefully considering the approach. This news was first reported by The Wall Street Journal.



Read more at Yahoo Finance: Shell in talks to buy rival BP, WSJ reports