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BP to Acquire Full Ownership of Brazilian Biofuels Joint Venture
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BP to Acquire Full Ownership of Brazilian Biofuels Joint Venture
Jun 20, 2024 5:30 AM

07:47 AM EDT, 06/20/2024 (MT Newswires) -- BP (BP) has agreed to take full ownership of BP Bunge Bioenergia, its Brazilian biofuels joint venture, acquiring Bunge's 50% interest, the company said Thursday.

The enterprise value of the stake to be acquired is about $1.4 billion, BP said.

Price: 35.60, Change: +0.21, Percent Change: +0.59

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