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BP launches search for new investors

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posted on Jul, 4 2010 @ 10:55 AM
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news.yahoo.com...

LONDON/DUBAI (Reuters) – Oil major 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 on 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).


So, is this how they plan to continue? Why would anyone invest with them after what has happened... wait I already know why... greed. But still.




posted on Jul, 4 2010 @ 11:18 AM
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These people make over 300 billion dollars a year.. I do not believe for one second they need More Money for the oil leak.

I Hope and Pray someone takes them over !!!! I hope all the executives are Fired and people who care about cleaning up this leak the right way get in.



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