| 03.08.2010 - BP asks Kuwait sovereign fund to raise stake-report |
| From Reuters: BP Plc has asked Kuwait's sovereign wealth fund to raise its share in the company to three percent, the al-Anba newspaper reported on Monday. Quoting a Kuwait Investment Authority official it did not identify by name, the paper said BP's outgoing chief executive, Tony Hayward, made the offer in a telephone call to the KIA which owns 1.75 percent of BP..............................................Full Article: Source |