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
Related debate
20 févr. - 
Keep a close eye on BP plc (BP) . U.S. District Judge C..

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
Nicox : résultats financiers 2014 et point d'activité

Related stock quotes

BP p.l.c. 39,61 -0,5% Cours de bourse en baisse
Cnooc Ltd 141,30 4,8% Cours en hausse
BP PLC $0.25 444,04 0,0% Cours de bourse inchangé

Droit d'auteur Euroinvestor A/S 2015   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.
 
lundi 30 mars 2015 07:47:44
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20150325.1 - EUROWEB2 - 2015-03-30 07:47:44 - 2015-03-30 07:47:44 - 4 - Website: OKAY