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The Guardian - UK
The Guardian - UK
Business
Nick Fletcher

Dana Petroleum wanted on trader talk of possible BP interest

Revived bid rumours are pushing up shares in Dana Petroleum, with BP the latest name in the frame.

Earlier this year there was talk that Dana - a perennial takeover favourite - was in the sights of Germany's RWE, with a price of £18 a share mentioned. Today traders are hearing of a possible offer from - of all people - BP. The price is said to be £17.

One to be taken with a pinch of salt, perhaps, but Dana's shares are moving on the story, now up 44p at £13.11.

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