Apollo Funds to buy 25% stake in BP pipelines for about $1 billion

Reuters

2025/03/21

March 21 (Reuters) - BP BP.L on Friday said funds related to U.S.-based asset management firm Apollo Global APO.N will buy a 25% stake in BP Pipelines (TANAP) for about $1 billion.

(Reporting by Yamini Kalia in Bengaluru; Editing by Janane Venkatraman)

((Yamini.Kalia@thomsonreuters.com;))

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