Anadarko stock spikes on takeover speculation

Anadarko’s stocks closed 4.2% higher on Wednesday, at $108.32, as rumours circled on the internet the US supermajor was eying Texas-based company.

Bloomberg cited Anadarko spokesman John Christiansen as saying the company does not comment on rumours while ExxonMobil also declined to comment when contacted by the news agency.

Anadarko holds a global portfolio of assets, including offshore exploration and production assets in the Gulf of Mexico, Africa, Brazil and New Zealand, as well as stakes in onshore shale plays in the US.