BP Takeover Appears Unlikely Due to Size and Complexity

Key Takeaways Moelis bankers say BP is too large and complex to attract a viable acquirer at this time. Shell is seen as a logical match for BP, but its stronger position makes a deal unattractive now. BP faces hurdles in its $20B divestment plan, with Castrol proving especially tough to sell.BP plc’s (BP) potential takeover appears highly unlikely at present, according to senior bankers at Moelis & Co., who cite the British oil major’s vast size and operational complexity as major barriers to acquisition ...