BP seeks buyers for China petrochem JV stake in up to $3b deal

BP seeks buyers for China petrochem JV stake in up to $3b deal

REUTERS/Petar Kujundzic

British oil major BP is seeking buyers for its 50 percent stake in a Chinese petrochemicals joint venture, its single largest investment in China, in a deal that would fetch $2-$3 billion, people familiar with the matter told Reuters.

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