BP Seeking Investors
Become a member: Subscribe
NTS Headlines
Headlines by Category
Headlines by Year
Solari’s Building Wealth materials are organized to inspire and support your personal strategic and financial planning.
Building Wealth
This 6-pillar curriculum teaches the basic literacy we need to be personally and financially successful and to do so in a manner in which together we evolve a culture that supports the emergence of an advanced human civilization.
Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
Connect with the wider network of like-minded Solari subscribers using our in-house social media platform, Solari Connect.
No posts
BP Seeking Investors
BP Plc is seeking a strategic investor to secure its independence in the face of any takeover attempts as it struggles with a devastating oil leak in the Gulf of Mexico, newspapers said Sunday.
Britain’s Sunday Times said the company’s advisers were trying to drum up interest among rival oil groups and sovereign wealth funds to take a stake of between 5 and 10 percent in the company at a cost of up to 6 billion pounds ($9.1 billion).
The reports came as The New York Times said that BP is asking its partners in the ruptured well, Anadarko Petroleum Corp and Mitsui Oil Exploration Co., to contribute nearly $400 million to the clean-up effort.
BP sent out demands for $272 million from Anadarko and $111 million from Japanese company Mitsui on June 2. That represents roughly 40 percent of the $1 billion BP spent in May, according to The New York Times.
