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BP Takeover Chatter Heightens | BP Takeover Chatter Heightens |
(about 20 hours later) | |
Talks of a takeover of BP (BP) by Exxon Mobil (XOM) are heating up, according to British news service the Evening Standard. Chevron (CVX) has also been rumored to have interest in BP. | Talks of a takeover of BP (BP) by Exxon Mobil (XOM) are heating up, according to British news service the Evening Standard. Chevron (CVX) has also been rumored to have interest in BP. |
BP, which has a U.S. market cap of $111 billion, could fetch up to $146 billion in a sale, according to the Standard. | BP, which has a U.S. market cap of $111 billion, could fetch up to $146 billion in a sale, according to the Standard. |
For a closer look at BP's on-going situation, click here. |
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