Friday, June 20, 2025
bp takeover is a longshot due to size and complexity, bankers say- oil and gas 360

bp takeover is a longshot due to size and complexity, bankers say

(World Oil) – 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. “We can’t identify anybody in the U.S. that would be a buyer,” Moelis Chairman and Global Head of Energy and Clean