
Renowned television host Jim Cramer is cheering a potential mega merger between energy giants Shell PLC (NYSE:SHEL) and BP PLC (NYSE:BP), seeing it as a catalyst for a broader surge in deal-making activity.
What Happened: On Wednesday, Cramer posted on X, forecasting an imminent wave of mergers and acquisitions, especially in the energy sector, calling it an “M&A wave,” kick-started by Shell and BP.