Saudi investors could buy BP stake

By Andy Rice 7 July 2010

A group of Saudi investors are looking to buy a 10% to 15% stake in BP, a Saudi Arabian newspaper reported on Wednesday. The names of the investors we were not published. BP is certainly not averse to wooing Middle East investors - chief executive Tony Hayward is set to meet oil industry players in the United Arab Emirates on Wednesday.  Read more: Reuters

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ANALYSIS

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