Exxon Mobil said to have abandoned £70 billion BP takeover deal

Kleinman, of Sky News, today published a rather intriguing story about a £6 billion takeover bid for J Sainsbury that has just been "abandoned". The thing is, the market never knew about this takeover bid in the first place.

Still, Kleinman's story is extremely detailed. If you haven't read it, click on the link below:

The BP political conundrum

There are some brilliant comment columns in today's British newspapers on the UK government's decision to tell BP it's not too keen on the idea of a foreign bidder gobbling up the FTSE 100 oil producer. 

Both Alistair Osborne of The Times and Nils Pratley of The Guardian make some good points in their respective opinion pieces on David Cameron's move whilst Alistair's colleagues suggest in a news article that Exxon Mobil is the most likely acquirer of BP.

WSJ reporting Shell in talks to buy BG Group for more than $45 billion - boom - part 2

Huge hat tips to hackettes Dana Mattioli and Shayndi Raice over at the Wall Street Journal for last night's mega scoop on Royal Dutch Shell buying BG Group for £47 billion. Here is the confirmation/deal announcement:

http://www.investegate.co.uk/royal-dutch-shell--rdsa-/prn/recommended-cash--amp--share-offer-for-bg-group---/20150408070215PDD4B/

I'm sure their bosses, one of whom was responsible for breaking the Exxon Mobil merger story in 1999, will be pleased with this result...