23 avr.: Buffets Restaurants Plans To Pay Creditors $4 Million At Bankrupt..
23 avr.: 2nd UPDATE: Conoco 1Q Profit Falls 3%; Misses Views
23/04/2012 20:35:00

BP Sues Bridas Over Failed Asset Sale -Reuters

Related content
17 févr. - 
Chesapeake Energy Corporation et CNOOC Limited annoncen..
31 janv. - 
Chesapeake Energy Corporation et CNOOC Limited annoncen..
15 déc. - 
LEAD 1 Marée noire - Le gouvernement US poursuit BP et ..
Related debate
27 nov. - 
Thanks for sharing. Merry christmas songs | New year's
27 nov. - 
FRANKFURT--The following is a summary of analysts'..

DOW JONES NEWSWIRES

BP PLC (BP) on Monday filed a complaint against Argentina's Bridas Corp. over a collapsed $7.06 billion asset sale, saying it is willing to pay a $700 million breakup fee to avoid facing fraud claims, Reuters reported.

BP in 2010 tried to sell its 60% stake in crude oil producer Pan American Energy to the joint venture of Bridas Energy Holdings Ltd. and CNOOC Ltd. (CEO), but Bridas Corp. in November 2011 terminated the agreement.

BP wants to pay the breakup fee and be released from various claims, saying that Bridas's position that it was "fradulenutly induced" to enter the deal was "frivolous," Reuters said, citing the lawsuit.

Bridas didn't immediately respond to Reuters's requests for comment.

Full story at http://www.reuters.com/article/2012/04/23/us-bp-bridas-idUSBRE83M13I20120423

-Dow Jones Newswires; 212-416-2900

(END) Dow Jones Newswires

April 23, 2012 14:35 ET (18:35 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

23 avr.: Buffets Restaurants Plans To Pay Creditors $4 Million At Bankrupt..
23 avr.: 2nd UPDATE: Conoco 1Q Profit Falls 3%; Misses Views

Envoyer un commentaire

Related debate

  • 1 semaine
  • 1 mois
  • 1 an
Ingen indlæg

Annonces

Actualité la plus lue

  • 24 heures
  • 48 heures
  • 1 semaine
1
UNIBAIL-RODAMCO SE annonce la prise à bail par L'Oréal SA de la tour So Ouest Plaza à Levallois-Perret
2
Dassault Aviation présente le premier Falcon 8X
3
VALNEVA annonce l'initiation de l'essai clinique de Phase II pour son candidat vaccin contre le Clostridium difficile
4
Atos accompagne Linedata dans sa trajectoire de virtualisation et la mise en oeuvre de son Cloud privé
5
I.CERAM : Introduction en Bourse de la société sur Alternext Paris

Related stock quotes

BP PLC $0.25 402,35 1,2% Cours en hausse
BP p.l.c. 37,82 0,4% Cours en hausse
Cnooc Ltd 129,61 -1,5% Cours de bourse en baisse

Buy and sell signals

  • Tendance
  • Moneymachine
Vendre

Related companies
Get access to information and recommendations of related companies with our PLUS package.

You get access to 7 valuable investment tools.

Click here to read more about the PLUS package.

Droit d'auteur Euroinvestor A/S 2014   Mentions légales et conditions d'utilisation
Information sur les cours fournies par Interactive Data.
Les données sont différées de 15 à 20 minutes selon les accords avec les différentes bourses internationales.
 
jeudi 18 décembre 2014 20:29:19
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141211.1 - EUROWEB4 - 2014-12-18 20:29:19 - 2014-12-18 20:29:19 - 4 - Website: OKAY