You are here

BP's spill deal is 'catalyst' for acquirers as uncertainty ends


BP plc's US$18.7 billion US legal settlement is being cheered by investors and analysts as it ends five years of financial uncertainty. It also makes the British oil producer a more attractive takeover target.

Potential buyers, held back by unquantifiable liabilities related...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to