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BP BP Plc

38.71
0.04 (0.10%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
BP Plc NYSE:BP NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.04 0.10% 38.71 38.74 38.11 38.48 8,071,028 01:00:00

SDX Energy Confirms Talks to Buy BP Egypt Assets

20/09/2018 2:45pm

Dow Jones News


BP (NYSE:BP)
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By Oliver Griffin

 

SDX Energy Inc. (SDX.V) said Thursday that it has suspended trading of its shares immediately and confirmed that it is in talks with BP PLC (BP.LN) to acquire some of the oil major's assets in Egypt.

The oil-and-gas company made the comments in response to press reports. SDX said the deal would constitute a reverse takeover on AIM rules if successful. A further announcement will be made in due course, it said.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin

 

(END) Dow Jones Newswires

September 20, 2018 09:30 ET (13:30 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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