Deals
BP Seen Takeover Target as Valuation Sinks on Settlement: Energy
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Bob Dudley shrank BP Plc to save it.
The onetime Mississippian and current chief executive officer has sold more than $50 billion of assets to pay the costs of the worst U.S. oil spill in history in 2010. Rescued from the brink of collapse, Europe’s second-largest oil company is now seen as vulnerable to a takeover.