BP raises 1 billion from Aker BP stake sale
BP has raised approximately one billion dollars by selling a five percent stake in Aker BP. The transaction helps the British energy major streamline its portfolio and reduce debt.
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BP PLC raised $1.06 billion on Thursday morning by selling a 5% stake in AKER BP ASA. The divestment reduces the United Kingdom energy major's holding in the Norway-based oil producer to 10.9%.
