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BP preparing to defer dividend: report
June 11, 2010 / 5:48 PM / 7 years ago

BP preparing to defer dividend: report

NEW YORK (Reuters) - London’s Times says BP Plc (BP.L) is preparing to defer its dividend and put the money for dividend in an escrow account until the full scale of the company’s liabilities can be determined.

BP spokesman Robert Wine told Reuters “we are considering all options, but no decision has been taken.”

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