BP PLC (BP)
14 Dec 2017
* Repair timeframe remains two to four weeks (Adds BP comment, paragraphs 8-9)
BP is getting back into solar power six years after its first, failed foray, with a $200 million investment in solar generator Lightsource that the oil and gas firm expects will deliver profits and deepen its foothold in renewable energy.
* BP sees growth in profitability in expanding sector (Recasts, adds quotes, background)
Dec 15 British oil producer BP said on Friday it would buy a 43 percent stake in solar energy firm Lightsource for $200 million.
* BP TO INVEST $200M IN LIGHTSOURCE OVER THREE YEARS FOR A 43% STAKE IN THE BUSINESS
Dec 15 Britain's FTSE 100 index is seen opening down 13 points on Friday, according to financial bookmakers. * OLD MUTUAL: The chief of Old Mutual Global Investors (OMGI) Richard Buxton is nearing a 550 million pound buyout of the company, according to a person familiar with the matter. * BP: BP plans to invest $200 million in Europe's largest solar power developer Lightsource, with a 43 percent stake buy, the Financial Times reported on Friday. http://on.ft.com/2Bq
Dec 14 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:
Dec 14 The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday:
* ACKNOWLEDGES ANNOUNCEMENT BY AUSTRALIAN COMPETITION AND CONSUMER COMMISSION THAT IT INTENDS TO OPPOSE PROPOSED ACQUISITION OF WOOLWORTHS’ RETAIL FUEL BUSINESS
MELBOURNE Australia's antitrust regulator on Thursday blocked BP Plc's A$1.8 billion ($1.4 billion) purchase of Woolworths Ltd's petrol stations, even after the oil company offered to sell some stations to ease competition concerns.