BP Considers Acquiring BHP Billiton Energy Assets -Bloomberg
May 04 2018 - 6:38AM
Dow Jones News
--Oil company BP PLC, working with Morgan Stanley, is
considering an acquisition of some of BHP Billiton Ltd.'s energy
assets, Bloomberg reports, citing unnamed sources.
--BHP Billiton is selling 800,000 net acres of assets, which the
dual-listed mining company said are worth at least $10 billion,
according to Bloomberg.
--BHP Billiton is preparing to sell the assets, located across
four basins, including the prized Permian basin, in up to seven
packages, Bloomberg reports.
Full story: https://bloom.bg/2HRbEbn
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(END) Dow Jones Newswires
May 04, 2018 06:23 ET (10:23 GMT)
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