From Investing.com: 2024-09-16 04:25:32

Apollo Global Management has agreed to invest $1 billion in BP’s stake in Trans Adriatic pipeline, becoming a non-controlling shareholder. The deal will help BP reach its divestment target of $2-3 billion by 2024. The agreement is set to close in the fourth quarter, contributing to BP’s disciplined financial strategy.



Read more at Investing.com: Apollo inks $1 billion deal with BP to fund stake in Trans Adriatic gas pipeline By Reuters