BP’s shares surged on Tuesday amid reports of a potential takeover offer from Shell.
The British oil and gas giant’s shares rose by as much as 2.5% in early trading.
Shell is reportedly weighing the option of acquiring BP, leading to increased investor interest.
If the acquisition were to go through, it would mark a significant development in the energy sector.
Both companies have yet to confirm or deny the rumors circulating in the market.
Investors are closely monitoring the situation as it unfolds.
The potential merger could have far-reaching implications for the global energy market.
Analysts are speculating on the possible outcomes of such a deal.
As the story continues to develop, market watchers are eagerly awaiting further updates.