Problems mount for BP over share swap

Comments (0) | 30 Mar 2011 | Rating | Print by Tim Human

The Association of British Insurers has concerns about the energy company’s proposed share swap with Rosneft, says report

BP is facing increasing pressure from investors to rethink its planned share swap with Rosneft, the state-controlled Russian energy company.

The Association of British Insurers (ABI), members of which control around 15 percent of the UK stock market, is unhappy with the dilution impact of the share swap, according to ...

Register now to read the rest of this article! Registration is free and you will be able to read five articles every month.

Become a subscriber for unlimited access.