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BP shares rise on report Exxon, Chevron and rivals eyeing oil major https://t.co/XfQdaY1ldF
$BP (+3.1% pre) BP shares rise as FT reports more rivals looking at possible takeover https://t.co/qcoJSpjdwt
BP rivals run the numbers on a takeover of the struggling oil major British company left vulnerable to a takeover after a sharp slide in its shares over the past year #OOTT https://t.co/xEd1zFtH1d
BP shares have risen following reports that several of its rivals, including TotalEnergies, Shell, ExxonMobil, and Chevron, are considering a potential takeover of the struggling British oil major. The company has become vulnerable to acquisition after a sharp decline in its share price over the past year. The renewed interest from competitors reflects ongoing strategic evaluations in the oil sector amid market challenges.