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- 1998
- According to 2 sources
BP to acquire Amoco - Aug. 11, 1998 - CNN Business
Aug 11, 1998 · NEW YORK (CNNfn) - British Petroleum PLC said Tuesday it has agreed to acquire Amoco Corp. in a deal valued at approximately $48 billion, making it the biggest-ever industrial merger. The...
See results only from money.cnn.comBP, Amoco merger OK'd - D…
NEW YORK (CNNfn) - The Federal Trade Commission on Wednesday …
BP-Amoco merger alters oil …
The deal, if approved, will make BP Amoco PLC the third-largest oil company, …
Amoco - Wikipedia
Amoco is a brand of fuel stations operating in the United States and owned by British conglomerate BP since 1998. The Amoco Corporation was an American chemical and oil company, founded by Standard Oil Company in 1889 around a refinery in Whiting, Indiana, and was officially the Standard Oil Company of Indiana until 1985. In 1911, it became an independent corporation as part of th…
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British Petroleum Is Buying Amoco in $48.2 Billion Deal
Aug 12, 1998 · British Petroleum P.L.C. announced today that it would acquire the American oil giant Amoco for $48.2 billion in stock in the largest oil industry merger ever. The deal would …
Heritage brands | Who we are | Home - bp
Overnight, the new company, BP Amoco, became the largest producer of both oil and natural gas in the US. At the start of the new millennium, Amoco service stations in the US were rebranded as simply ‘BP’, although Amoco gasoline …
Amoco To Be Bought By BP -- 6,000 Layoffs Expected In $48 …
Aug 11, 1998 · CHICAGO - British Petroleum is buying Amoco, the fifth-largest U.S. oil company, for $48 billion - or $50 a share - in what would be the largest industrial merger in history. About …
BBC News | The Company File | BP and Amoco in oil …
Aug 11, 1998 · The company, to be called BP Amoco, will have its headquarters in London. This will place it in the top three of international oil producers. The new group confirmed that it would cut 6,000...
BP, Amoco merger OK'd - Dec. 30, 1998 - CNN Business
Dec 30, 1998 · NEW YORK (CNNfn) - The Federal Trade Commission on Wednesday conditionally paved the way for British Petroleum Co. and Amoco Corp to join forces in a $49 …
BP, Amoco Agree To Merge - CBS News
Aug 11, 1998 · British Petroleum agreed to buy Amoco for about $48 billion in stock in one of the largest industrial mergers ever, the companies said Tuesday.
BP TO BUY AMOCO FOR $48 BILLION - The Washington Post
Aug 12, 1998 · British Petroleum Co. agreed yesterday to acquire Amoco Corp. in a $48 billion transaction that could touch off a round of big mergers in the energy industry.
Partners Seek to Rival Oil Giants in Biggest Deal for U.S.
Aug 12, 1998 · British Petroleum PLC agreed to buy Amoco Corp. for about $53 billion in stock and assumed debt Tuesday in a move aimed at creating a third global oil giant with the …
BP-Amoco merger alters oil landscape - Aug. 11, 1998 - CNN …
Aug 11, 1998 · The deal, if approved, will make BP Amoco PLC the third-largest oil company, behind Royal Dutch/Shell Group and Exxon Corp. Eugene Nowak, an analyst at ABN Amro, …
British Petroleum Merger with Amoco | SpringerLink
Nov 30, 2018 · BP merged with Amoco to become BP Amoco in the year 1998 and acquired ARCO and Burmah Castrol in the year 2000. The company was renamed as BP plc in the year …
BP Acquires Amoco | Mergr M&A Deal Summary
On August 11, 1998, BP acquired oil/gas exploration company Amoco for 48.2B USD.
BP-Amoco Merger Approved : NPR
Dec 30, 1998 · NPR's David Welna reports the Federal Trade Commission today approved both the British Petroleum $57 billion acquisition of Amoco. The FTC decision is conditional, though.
BP-Amoco finish merger after FTC approval | Oil & Gas Journal
Jan 10, 1999 · The U.S. Federal Trade Commission has allowed British Petroleum Co. plc and Amoco Corp. to merge if they sell 134 gasoline stations and nine terminals and allow more …
BP Reintroducing Amoco Brand After More Than a Decade
Oct 10, 2017 · CHICAGO — BP’s Amoco retail fuel brand will soon be reintroduced to the U.S. market, the company announced Tuesday. The Amoco brand was last available to BP …
BP - M&A Summary and Business Overview - Mergr
BP’s largest acquisition to date was in 1998, when it acquired Amoco for $48.2B. It’s largest disclosed sale occurred in 2012, when it sold Atlantic Richfield Company to Andeavor for …
BP Brings Amoco Brand to TravelCenters of America
Feb 9, 2024 · WESTLAKE, Ohio — The changes keep coming to TravelCenters of America (TA) as its parent company, bp, introduces the Amoco brand to the retailer's fuel canopies.
The Top 5 Companies Owned by British Petroleum - Investopedia
Aug 22, 2024 · In 1998 BP purchased Amoco, the largest oil and natural gas producer in the United States, as well as a major gasoline station chain. BP also owns Aral AG, which …
Why Arco Agreed to Merger With the Giant, BP Amoco - WSJ
Apr 2, 1999 · And Thursday, the seventh-largest U.S. oil company agreed to sell out to one of the industry's giants, BP Amoco PLC of London, in a stock swap valued at about $25.7 billion.
3Q24 Underlying results. Thanks Murray. In the third quarter, we reported group underlying replacement cost profit of $2.3 billion, compared with $2.8 billion in the second quarter. Our …
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