The slide in BP‘s (BP) share price has left the company vulnerable to a takeover as rivals weight the opportunity to buy at a steep discount and end its run as an independent company, Malcolm Moore, Jamie Smyth, and Ian Johnston of The Financial Times reports. Shell (SHEL), Chevron (CVX), ExxonMobil (XOM), TotalEnergies (TTE), and Abu Dhabi’s Adnoc have separately run the numbers, the Times said, citing industry sources and advisers.
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