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BP. Bp Plc

523.10
0.60 (0.11%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.60 0.11% 523.10 523.90 524.10 530.60 521.00 524.20 57,603,258 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Petroleum Refining 211.6B 15.24B 0.8934 5.87 89.38B

BP Sells Interest in Shanghai SECCO Petrochemical Company to Partner

27/04/2017 1:10pm

Dow Jones News


Bp (LSE:BP.)
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From Apr 2019 to Apr 2024

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By Olga Cotaga

 

LONDON--BP PLC (BP.LN) said Thursday it is selling its 50% stake in the Shanghai SECCO Petrochemical Company Ltd. for $1.68 billion to its joint-venture partner, China Petroleum & Chemical Corp.

The other half of Shanghai SECCO is owned by Sinopec, a subsidiary of China Petroleum, and Sinopec Shanghai Petrochemical Company Ltd., which is mostly owned by Sinopec.

At 1135 GMT, BP's shares were down 4.45 pence, or 1%, at 449.20 pence valuing the company at GBP88.39 billion.

 

-Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

 

(END) Dow Jones Newswires

April 27, 2017 07:55 ET (11:55 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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