BP shares jump 8% on report it is in early-stage talks to be acquired by Shell
The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England.BP shares jumped Wednesday on a report that the oil major is in early stage talks to be acquired by Shell. People familiar with the matter told The Wall Street Journal that talks between BP and Shell are active but a deal is far from certain. The talks are progressing slowly, one person told the Journal.BP shares were last up about 7%. The British oil major is currently valu ...