July 23, 2010
Corporate Finance Watch: BP Sells Global Assets to Apache in $7 Billion Deal
By Jack Bunker (Dubai), Christopher Elias (UK), Leroy McDowell (U.S.)
BP is building up its war chest to confront the massive cash outlays it faces through a blockbuster deal to sell oil & gas properties in Egypt, Canada and the Permian Basin of Texas, to Apache Corp. for $ 7 billion...
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