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

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

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;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10