BP faced fresh takeover speculation on the weekend after the Obama administration reportedly told ExxonMobil it would not stand in the way of a takeover bid for its troubled British rival.
With the market value of BP falling from about £120bn to about £70bn due to the Gulf of Mexico disaster, potential bidders are likely to be keen on taking advantage of the oil giant's current plight....
Could spell risks for investors
UK economy hits a seven-year low
William Ball, senior equity analyst at Sanlam Private Wealth, discusses the advantage of underappreciated companies during times of market uncertainty.
Despite underperformance in June
Effective 20 July