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- December 1998Amoco merged with British Petroleum in December 1998 to form BP Amoco, renamed BP in 2001.
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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...
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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. Originally part of the Standard Oil Company trust, it focuse…
Wikipedia · Text under CC-BY-SA licenseBritish 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 …
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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 …
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 …
BP, Amoco Agree To Merge - CBS News
WEBAug 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.
BBC News | The Company File | BP and Amoco in oil …
WEBThe 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...
BP-Amoco merger alters oil landscape - Aug. 11, 1998 - CNN …
WEBAug 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 …
BP-Amoco Merger Approved : NPR
WEBDec 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 …
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 …
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.
BP Reintroducing Amoco Brand After More Than a Decade
WEBOct 10, 2017 · BP made the decision to reintroduce the Amoco brand upon learning through the company’s consumer research that the brand still resonates with a number …
Way Is Cleared for BP to Acquire Amoco - Los Angeles Times
WEBNov 26, 1998 · Energy: EU antitrust hurdles are cleared. BP's shareholders overwhelmingly approve the deal.
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 brings back Amoco brand for U.S. fuel network
WEBOct 10, 2017 · CHICAGO – BP announced today that it will reintroduce its Amoco retail fuel brand, giving current BP marketers more growth options in select U.S. markets and …
Amoco gas stations return to Chicago area after nearly 20 years …
WEBOct 4, 2018 · It has branded its stations with a variety of names over the years, including American and Standard, but it was known exclusively as Amoco when BP, then British …
Oil Throwback: BP Is Bringing Back The Amoco Brand
WEBOct 12, 2017 · BP, formerly British Petroleum, merged with Amoco back in the late ‘90s, but for a while kept the red, white, and blue torch-clad brand for its U.S. retail gas stations. …
BP Amoco Will Acquire Arco for $27 Billion - Los Angeles Times
WEBApr 1, 1999 · BP Amoco has agreed to buy Atlantic Richfield Co. in a stock swap worth about $27 billion that will fold the Los Angeles oil company into a new global energy …
BP Amoco Acquires Arco - CBS News
WEBApr 1, 1999 · After days of anticipation, BP Amoco on Thursday confirmed that it is indeed buying the Los Angeles-based Atlantic Richfield Company - Arco - for $26.8 billion. The …
BP - M&A Summary and Business Overview | Mergr
WEBBP’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 …
Why Arco Agreed to Merger With the Giant, BP Amoco - WSJ
WEBApr 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 …
BP raises dividend as $2.8 billion quarterly profit beats forecasts
WEBJul 30, 2024 · BP's net debt decreased by $1.4 billion in the quarter to $22.6 billion and its debt-to-equity ratio, known as gearing, fell to 21.6% from 22% at the end of March. Sign …
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