BP deal falls through

Matthew Riding

DividendMax Ltd.

2020-10-07 00:48:42

Monday, 07 November 2011

China's CNOOC Ltd and Argentina's Bridas Energy Holding have terminated the $7B deal to acquire the Co's stake in Argentina-based oil & gas group Pan American Energy with Bridas citing "legal issues and the way BP handled the transaction".

Companies mentioned

BP plc - 9% PRF PERPETUAL GBP 1 - 2nd
BP plc - 8% PRF PERPETUAL GBP 1 - 1st
BP plc
BP plc - ADR

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