Potential Mega Merger in Big Oil: Exxon and Chevron Eye BP

Reported about 17 hours ago

BP's recent strategy shifts and underperformance have made it a potential takeover target, drawing interest from major oil companies like Shell, Exxon, and Chevron. While BP has attempted to pivot towards renewable energy, its struggle and significant debt present challenges, making any potential acquisition difficult despite the interest from several oil giants.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis