The $12bn reason BP isn’t worried about hostile takeover

28 September 2015, News Wires – Oil giant BP Plc, which was said to be readying defenses for potential takeover offers, has a little-known ace in the hole: a disclaimer in its Macondo spill settlement that could tack $12.6 billion onto the price tag. A potential buyer might be forced to accelerate the payment of up to […] More »