ANALYST VIEWS: WILL MIDDLE EASTERN INVESTMENT HELP BP?
DAVID BUIK | BGC PARTNERS
“The most important thing for BP to do right now is provide decent evidence that it can plug the leak. Investment could make a hostile takeover unlikely and BP’s assets are expensive anyway.”
MANOJ LADWA | ETX CAPITAL
“Investment from the Middle East may help in the short-term and it may keep a takeover bid at bay. BP may not have much of a choice however – it will have to look for investment.”
GREG SMITH | FAT PROPHETS
“There shouldn’t be a problem in getting someone to take a stake in BP. However, combining the completion of the relief well with a positive upturn in oil prices could create the perfect takeover storm.”