Exxon's takeover of BP is a distant dream - Panmure Gordon
Rumours were doing the rounds back in March that ExxonMobil is eyeing the takeover of BP.
One may think that with the end of the Deep Water Horizon $40 billion nightmare, BP would be a soft takeover target. David Buik, Senior Market Commentator refers to the idea of BP take over as the “Bridge gone too far”.
Buik talks about BP’s return to profit, French elections and tough task ahead for PM May.
Listen to the full segment for more info on why BP is still not a soft takeover target even for the likes of ExxonMobil.
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