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The Guardian - UK
The Guardian - UK
Business
Lauren Almeida

Shell reportedly weighing up merits of making move to buy BP

Shell and BP logos
Shell’s market value of £145.6bn is more than double the size of BP, at £55.9bn. Composite: Reuters/Rex

Shell is talking to advisers about the potential for a takeover of the rival oil producer BP, according to reports.

The oil company has been discussing the feasibility and merits of a takeover of BP with its advisers in recent weeks, according to a report from Bloomberg, which cited people familiar with the matter.

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