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BP raises approximately $1.06 billion through sale of Aker BP stake

Oilprice.com +1 · ·by G4L

BP BP plc ADR
$44.59 +0.13%
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  1. 1BP raised approximately $1.06 billion by selling a 5% stake in Aker BP.
  2. 2BP reduced its stake in Aker BP from 15.9% to approximately 10.9%.
  3. 3BP's total expected divestments and other proceeds for 2026 increased to approximately $9 billion.

So what's the key point?

BP raised $1.06 billion by selling some of its shares in Aker BP. This move is expected to increase the total money BP will earn in 2026.

Source Oilprice.com +1 · View original ↗

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