Source: Yahoo! Finance
“Shell has not bid for BP and is not actively considering such a move, it said in a categorical denial on Thursday, adding it was bound by UK rules which mean such a statement bans it from bidding for BP for the next six months. The Wall Street Journal cited sources on Wednesday saying that Shell was in talks to acquire BP, in response to which Shell said no talks were taking place. Shell’s CEO Wael Sawan has repeatedly said buying back Shell shares was a better use of money when asked about a potential bid for BP.” (06/26/25)
https://finance.yahoo.com/news/shell-says-not-considering-buying-063158909.html