HONG KONG/LONDON: BP's plan to sell a stake in its South American unit for $7 billion (4 billion pounds) has collapsed, potentially trimming the oil major's cash flow and making it harder to raise its payout to shareholders. ... BP's $7 billion South America stake sale collapses
Saturday, November 5, 2011
BP's $7 billion South America stake sale collapses
HONG KONG/LONDON: BP's plan to sell a stake in its South American unit for $7 billion (4 billion pounds) has collapsed, potentially trimming the oil major's cash flow and making it harder to raise its payout to shareholders. ... BP's $7 billion South America stake sale collapses
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