Why Shell’s Hands are Tied by UK Law After Denying BP Merger / Latest / By mark A mega-merger between supermajors Shell and BP faces a major hurdle: the rigidity of U.K. takeover law. Despite a mandated denial, Shell still has levers to pull if it aims to acquire BP. Share this: Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Related