BP Stock Rises Sharply as Report Says Shell in Talks to Buy Energy Rival
1. BP shares rose 2% following Shell acquisition speculation. 2. Shell denied ongoing talks, dismissing them as market speculation. 3. BP's stock up only 34% in five years, far behind Shell's 111%. 4. Activist investors are pushing for changes within BP amid weak performance. 5. Shell's CEO indicated high barriers for any potential merger.