BP Share News (BP.)

UPDATE 8-Shell challenges Exxon dominance with $70 bln bid for BG

* Third-biggest oil and gas deal ever by enterprise value * BG developing ambitious projects in Brazil, Australia and Egypt * Oil price plunge evokes previous era of major mergers * BG shares soar in heavy trading (Adds detail on prospects for other deals, challenges for combi

BUZZ-Trading in Shell/BG departs from recent M&A norm

** Weakness on heavy volumes in Royal Dutch Shell shares on Wednesday a departure from trend seen in current M&A wave which has seen, for the most part, share prices of the acquirer rising when deals are announced ** Shareholders have cheered the use of cash to buy rather than spend on ca

LONDON MARKET COMMENT: Stocks End Mixed Despite Shell-BG Deal Buzz

Sunday telephone call sparked $70 bln Shell-BG deal

By Dmitry Zhdannikov and Karolin Schaps LONDON, April 7 (Reuters) - Sometimes it takes little more than five people to put together a $70 billion oil mega-merger. Shell's purchase of smaller rival BG, the third largest oil and gas merger ever, was prompted by a phone call on a Sunday

3rd UPDATE: Shell Agrees GBP47 Billion Takeover Deal For BG Group

Sector Movers: M&A chatter perks up oil and gas, tech stocks

M&A chatter dominated trading in London, with oil and gas shares rising on the back of blue chip Royal Dutch Shell's successful bid for smaller FTSE 100 rival BG Group. At 15:40 BST on Wednesday, the FTSE 100 was marginally down 7.35 points or 0.11% at 6954.42 as the market soaked in news of BG Grou

London midday: Stocks rise as BG Group takeover sparks M&A hopes

London's FTSE 100 was fluctuating around the 7,000 level by Wednesday lunchtime as M&A activity gave sentiment a lift, with BG Group soaring as much as 40% after a takeover offer from Shell. Stocks across the oil and gas sector were rising strongly on speculation that Shell's move may spark a fresh

LONDON MIDDAY BRIEFING: Shell Deal For BG Seen As Start Of "M&A Rave"

APG adds support to BP climate change resolution

LONDON, April 8 (Reuters) - Dutch pension scheme APG was among a group of investors to pledge support on Wednesday to a planned resolution on "climate change resilience" at oil giant BP's upcoming annual general meeting. The shareholder-led resolution, which is supported by the company, cal

UPDATE 7-Shell challenges Exxon dominance with $70 bln bid for BG

* Deal represents biggest merger this year * BG developing ambitious projects in Brazil, Australia and Egypt * Oil price plunge evokes previous era of major mergers (Adds more on LNG, bridge loan) By Dmitry Zhdannikov and Karolin Schaps LONDON, April 8 (Reuters) - Royal

WINNERS & LOSERS: Shell's BG Takeover Lifts Oil Stocks

2nd UPDATE: Shell Agrees GBP47 Billion Takeover Deal For BG Group

LONDON MARKET COMMENT: BG Group Shares Lead Gains On Shell Deal

Shell-BG Group takeover expected to spark M&A fever in oil sector

Shell's £47bn takeover offer for BG Group not only sent shares in the natural gas outfit soaring on Wednesday, but gave other stocks in the sector a big boost. The deal sparked speculation that it may mark the start of a new round of industry consolidation, not seen since the late 1990s, as business

UPDATE 6-Shell offers 50 percent premium to buy BG for $70 billion

* Deal represents biggest merger this year * BG developing ambitious projects in Brazil, Australia and Egypt * Oil price plunge evokes previous era of major mergers (Updates with stock prices, details) By Dmitry Zhdannikov and Karolin Schaps LONDON, April 8 (Reuters) - R