Shell X BP Merger
What are the potential implications for the commodity trading business at these companies? Is it possible the combined company becomes a new powerhouse in the industry given the combined resources?
Curious who's advising
I don’t think there is anything concrete yet, still mostly talk.
Tobin & co will be leading
Shell basically said it was fake news.
Of course we should take their word for it
If it does happen, I think the future sum will be less than the sum of the current parts.
A lot of BP traders will likely retire or find other jobs given the post merger stock price bump, worry about joining another big trading org that already has a trader in the same seat, and inherent uncertainty of big cultural changes. Better to have a controlled exit to somewhere you choose than a forced one.
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