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- December 1998Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Amoco merged with British Petroleum in December 1998 to form BP Amoco, renamed BP in 2001.en.wikipedia.org/wiki/AmocoIn 1987 BP acquired the remainder of the Standard Oil Company for almost $8 billion. In merging with U.S. oil giant Amoco in 1998, the newly created BP Amoco became the one of the largest petroleum concerns in the world.www.britannica.com/money/BP-PLC
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BP to acquire Amoco - Aug. 11, 1998 - CNN Business
WEBAug 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...
BP, Amoco merger OK'd - Dec. 30, 1998 - CNN Business
WEBDec 30, 1998 · The Federal Trade Commission on Wednesday conditionally paved the way for British Petroleum Co. and Amoco Corp to join forces in a $49 billion merger that …
BP-Amoco finish merger after FTC approval - Oil & Gas Journal
WEBJan 11, 1999 · On Dec. 31, BP and Amoco completed the $53 billion merger transaction, announced Aug. 11 (OGJ, Aug. 17, 1998, p. 34). The companies closed the transaction …
Amoco To Be Bought By BP -- 6,000 Layoffs Expected In $48 …
WEBAug 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 …
BP Amoco signs deal with FTC, acquires ARCO - Oil & Gas Journal
WEBApr 24, 2000 · BP Amoco PLC and ARCO have completed a $27 billion merger after meeting the US Federal Trade Commission's demands for substantial divestitures. The …
BP-Amoco Merger to Close Today - Natural Gas Intelligence
WEBDec 31, 1998 · British Petroleum (BP) and Amoco Corp. said they will completetheir merger today after receiving Federal Trade Commission (FTC)approval yesterday for …
BP/Amoco merger creates third 'supermajor' - Oil & Gas Journal
WEBAug. 17, 1998. How BP Amoco ranks among majors [98,463 bytes] BP Amoco operations vs. other majors [106,786 bytes] In a move characterized as the "largest ever industrial …
BP, Amoco Plan $49-Billion Oil Mega-Merger - Los Angeles Times
WEBAug 12, 1998 · The world’s largest industrial merger was announced Tuesday, as energy giants British Petroleum of London and Amoco Corp. of Chicago said they plan to …
BBC News | The Company File | BP and Amoco in oil …
WEBAug 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 jobs...
FTC approves BP Amoco, Arco mega-merger - Apr. 13, 2000
WEBApr 13, 2000 · The U.S. Federal Trade Commission has given final approval to the $27 billion mega-merger between BP Amoco and Atlantic Richfield Co., the companies …
Heritage brands | Who we are | Home - bp
WEBIn 1998, Amoco and BP announced that they had merged, combining their worldwide operations into a single organization. Overnight, the new company, BP Amoco, became the largest producer of both oil and …
Record for BP Amoco merger | The Herald - Herald Scotland
WEBJan 2, 1999 · Shares in the new group, BP Amoco, will join the FTSE-100 blue-chip index and begin trading in London at the opening of business on January 4. The company's …
FTC Clears Merger of BP Amoco and Atlantic Richfield Company
WEBApr 13, 2000 · The Federal Trade Commission has accepted a proposed consent order that would remedy the likely anticompetitive effects of the proposed $27 billion merger of BP …
Federal Trade Commission Approves BP Amoco-Atlantic …
WEBThe approved deal creates the world's third-largest oil company behind No. 2 Royal Dutch/Shell and No. 1 Exxon Mobil.
Successors of Standard Oil - Wikipedia
WEBIn 1998, British Petroleum acquired Amoco and rebranded as BP Amoco. At the time, the merger was the largest in the oil industry and the largest acquisition of an American …
FTC OKS BP AMOCO MERGER WITH ATLANTIC RICHFIELD
WEBApr 13, 2000 · The Federal Trade Commission today approved BP Amoco's $27.6 billion purchase of Atlantic Richfield Co., after the company agreed to sell large oil holdings in …
BP Amoco, FTC headed for showdown over Arco merger
WEBWASHINGTON (CBS.MW) -- Federal antitrust regulators will have 20 days to decide whether to fight BP Amoco's $30 billion acquisition of Atlantic Richfield if...
A new No. 2: BP Amoco to merge with ARCO | Oil & Gas Journal
WEBApr 5, 1999 · Supermajor BP Amoco plc, itself the freshly new product of a merger, has agreed to combine with ARCO in a $26.8 billion merger that would create the world's …
British Petroleum Merger with Amoco: Integrated Case Studies
WEBJan 1, 2019 · During 1998, BP merged with Amoco in a deal valued at $48.2 billion. At that time, it was billed as the largest oil industry merger ever.
British Petroleum Company, The, p.l.c., and Amoco Corporation
WEBDec 30, 1998 · Case Summary. Consent order in BP Amoco p.1.c. (created by the merger of British Petroleum Company, p.1.c. and Amoco Corporation) requires the divestiture of …
BP Amoco-ARCO merger promises to change the oil …
WEBApr 12, 1999 · Rumors that BP Amoco and ARCO were discussing a possible merger were leaked to the press in late March, causing both companies to immediately confirm the …
BP Amoco p.l.c., and Atlantic Richfield Company
WEBFeb 4, 2000 · PRESS RELEASE: FTC to Challenge BP Amoco/ARCO Merger Alleging that Deal Would Raise Prices for Crude Oil Used to Produce Gasoline and Other Petroleum …
BP - Wikipedia
WEBBP merged with Amoco in 1998, becoming BP Amoco p.l.c., and acquired ARCO, Burmah Castrol and Aral AG shortly thereafter. The company's name was shortened to BP p.l.c. …
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