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Shell denies it is in talks to buy BP after reports of potential £60bn takeover

Spokesperson says report that it is considering bid for struggling rival is ‘further market speculation’Shell has denied talks are taking place for it to buy BP, amid reports that it is negotiating a historic £60bn takeover to create one of the world’s largest oil and gas companies.The so-called oil supermajors are reported to be discussing a potential deal after speculation earlier this year that Shell was considering a bid for its struggling rival, which would mark an end for the 120-year-old company. Continue reading...


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