BP Shares Surge On Reports Of Exxon Takeover Approach

By Tsvetana Paraskova U.S. energy giant ExxonMobil (NYSE:XOM) has reportedly gauged potential interest among BP’s major shareholders regarding a possible takeover, British newspaper Evening Standard reported on Friday, sending BP’s stock (NYSE:BP) soaring to one-month highs in London and trading nearly 3 percent higher in New York shortly after opening. The two energy supermajors Exxon and BP have a few top shareholders in common, including BlackRock and Vanguard. According to Evening Standard, which did not specify its sources, BP is reportedly worried…

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