BP agrees $5bn sale of petrochemicals business to Ineos

BP agrees $5bn sale of petrochemicals business to Ineos

Oil group moves to bolster finances as energy sector takes a financial hit from coronavirus

BP has agreed to sell its petrochemicals business to Ineos for $5bn as the UK energy major seeks to strengthen its balance sheet and become a more streamlined entity under its new chief executive. T… [+1482 chars]

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