Royal Dutch Shell Plc is in early-stage talks to acquire its London-based rival, British Petroleum, according to reports by Wall Street Journal.
The report of what will be the largest oil deal ever has already sent shares of BP surging 10% on the NYSE.
Talks between company representatives are a
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Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.