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- December 1998Learn more:✕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
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 …
British Petroleum Is Buying Amoco in $48.2 Billion Deal
WEBAug 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 …
BP Shareholders Approve Merger with Amoco - Natural Gas …
WEBNov 30, 1998 · BP shareholders gave their overwhelming support to the company'smerger with Amoco last week. About 700 shareholders voted toapprove the merger at a general …
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 …
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 …
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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 the $57 …
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...
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 …
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 …
Amoco Corporation | American Oil & Gas Company - Britannica …
WEBOct 6, 2024 · In 1998 British Petroleum acquired Amoco for $43.2 billion. The merger propelled the combined company into the front ranks of the world oil industry. Starting in …
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 …
British Petroleum Merger with Amoco | SpringerLink
WEBNov 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 …
BP Acquires Amoco | Mergr M&A Deal Summary
WEBOn August 11, 1998, BP acquired oil/gas exploration company Amoco for 48.2B USD Acquisition Highlights This is BP’s 1st transaction in the Oil/Gas Exploration sector.
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 …
BP and Amoco in giant oil merger - Valhall
WEBJul 15, 2019 · One of history’s biggest industrial mergers was announced on 11 August 1998 by British Petroleum (BP) and USA’s Amoco. The two sides had managed to keep their …
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 …
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 …
BBC News | The Company File | BP and Amoco in oil mega-merger
WEBAug 11, 1998 · The new company, to be called BP Amoco, will have its headquarters in London. The merger should be completed by the end of the year, although it needs the …
BP PLC | History & Facts | Britannica Money
WEB4 days ago · BP PLC, British petrochemical corporation that became one of the world’s largest oil companies through its merger with the Amoco Corporation of the United …
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.
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Amoco and Arco - bp
WEBThe following table reflects dividends paid by Amoco Corporation (‘Amoco’) prior to the merger with The British Petroleum Company p.l.c. on December 31, 1998. Figures have …
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