BP of UK starts spin-off and share sale to raise almost $900M from US Gulf pipeline assets

Tuesday, 17 October 2017

BP of the UK has started an initial public offering of shares for a US spin-off, BP Midstream Partners, to raise almost $900 million by selling 42 million shares in its Houston-based pipeline assets, including key natural gas transportation systems in the area.


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Last modified on Tuesday, 17 October 2017 05:03
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