BP on the horns of an M&A dilemma

BP on the horns of an M&A dilemma

A pessimistic report from Bank of America Merrill Lynch at the end of last week on the near-term outlook for BP casts further doubt on the oil major’s ability to weather a protracted period of low oil prices as well as its competitors. According to Acquisitions Daily, While its now significantly larger UK rival Shell has devised a clear “grow to simplify” strategy under CEO Ben van Beurden that will see it…