BP to Acquire BP Midstream Partners in Stock Deal

Dow Jones2021-12-20

BP PLC said a U.S. affiliate would acquire all outstanding common units of BP Midstream Partners LP that BP doesn't already own in an all-stock deal.

The company said this represents 47.8 million common units. Each unitholder would receive 0.575 of an American Depositary Share of BP.

BP ADRs closed Friday at $26.30 and were down 2%, to $25.77, in premarket trading.

The deal follows the offer made by BP in August to acquire the publicly traded units of BPMP. BP said it expects the transaction to close in the first quarter of 2022.

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Each unitholder would receive 0.575 of an American Depositary Share of BP.</p>\n<p>BP ADRs closed Friday at $26.30 and were down 2%, to $25.77, in premarket trading.</p>\n<p>The deal follows the offer made by BP in August to acquire the publicly traded units of BPMP. BP said it expects the transaction to close in the first quarter of 2022.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BP":"英国石油"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116775028","content_text":"BP PLC said a U.S. affiliate would acquire all outstanding common units of BP Midstream Partners LP that BP doesn't already own in an all-stock deal.\nThe company said this represents 47.8 million common units. Each unitholder would receive 0.575 of an American Depositary Share of BP.\nBP ADRs closed Friday at $26.30 and were down 2%, to $25.77, in premarket trading.\nThe deal follows the offer made by BP in August to acquire the publicly traded units of BPMP. BP said it expects the transaction to close in the first quarter of 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":693873878,"gmtCreate":1640008302414,"gmtModify":1640008302644,"author":{"id":"4090503240947790","authorId":"4090503240947790","name":"WhaleAlert","avatar":"https://static.tigerbbs.com/75eb73613295f7b7aebfaec84aa91d1c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4090503240947790","idStr":"4090503240947790"},"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/693873878","repostId":1116775028,"repostType":4,"repost":{"id":"1116775028","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1640008085,"share":"https://www.laohu8.com/m/news/1116775028?lang=&edition=full","pubTime":"2021-12-20 21:48","market":"us","language":"en","title":"BP to Acquire BP Midstream Partners in Stock Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1116775028","media":"Dow Jones","summary":"BP PLC said a U.S. affiliate would acquire all outstanding common units of BP Midstream Partners LP ","content":"<p>BP PLC said a U.S. affiliate would acquire all outstanding common units of BP Midstream Partners LP that BP doesn't already own in an all-stock deal.</p>\n<p>The company said this represents 47.8 million common units. Each unitholder would receive 0.575 of an American Depositary Share of BP.</p>\n<p>BP ADRs closed Friday at $26.30 and were down 2%, to $25.77, in premarket trading.</p>\n<p>The deal follows the offer made by BP in August to acquire the publicly traded units of BPMP. 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Each unitholder would receive 0.575 of an American Depositary Share of BP.</p>\n<p>BP ADRs closed Friday at $26.30 and were down 2%, to $25.77, in premarket trading.</p>\n<p>The deal follows the offer made by BP in August to acquire the publicly traded units of BPMP. BP said it expects the transaction to close in the first quarter of 2022.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BP":"英国石油"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116775028","content_text":"BP PLC said a U.S. affiliate would acquire all outstanding common units of BP Midstream Partners LP that BP doesn't already own in an all-stock deal.\nThe company said this represents 47.8 million common units. Each unitholder would receive 0.575 of an American Depositary Share of BP.\nBP ADRs closed Friday at $26.30 and were down 2%, to $25.77, in premarket trading.\nThe deal follows the offer made by BP in August to acquire the publicly traded units of BPMP. BP said it expects the transaction to close in the first quarter of 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7055661,"gmtCreate":1640008366144,"gmtModify":1640008366241,"authorId":4087606671753930,"author":{"id":4087606671753930,"idStr":"4087606671753930","authorId":4087606671753930,"name":"ashethen","avatar":"https://static.tigerbbs.com/4f54274c70963f355c7d10c52305c1e7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":693873878,"type":1,"supId":0,"prevId":0,"content":"read","text":"read","html":"read"}],"langContent":"CN"},{"id":693873382,"gmtCreate":1640008257214,"gmtModify":1640008257530,"author":{"id":"3565908625782607","authorId":"3565908625782607","name":"mrspid3r","avatar":"https://static.tigerbbs.com/f793da3874744ba810961fb9ca31eed4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3565908625782607","idStr":"3565908625782607"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693873382","repostId":1116775028,"repostType":4,"repost":{"id":"1116775028","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1640008085,"share":"https://www.laohu8.com/m/news/1116775028?lang=&edition=full","pubTime":"2021-12-20 21:48","market":"us","language":"en","title":"BP to Acquire BP Midstream Partners in Stock Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1116775028","media":"Dow Jones","summary":"BP PLC said a U.S. affiliate would acquire all outstanding common units of BP Midstream Partners LP ","content":"<p>BP PLC said a U.S. affiliate would acquire all outstanding common units of BP Midstream Partners LP that BP doesn't already own in an all-stock deal.</p>\n<p>The company said this represents 47.8 million common units. Each unitholder would receive 0.575 of an American Depositary Share of BP.</p>\n<p>BP ADRs closed Friday at $26.30 and were down 2%, to $25.77, in premarket trading.</p>\n<p>The deal follows the offer made by BP in August to acquire the publicly traded units of BPMP. BP said it expects the transaction to close in the first quarter of 2022.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BP to Acquire BP Midstream Partners in Stock Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBP to Acquire BP Midstream Partners in Stock Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-20 21:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>BP PLC said a U.S. affiliate would acquire all outstanding common units of BP Midstream Partners LP that BP doesn't already own in an all-stock deal.</p>\n<p>The company said this represents 47.8 million common units. Each unitholder would receive 0.575 of an American Depositary Share of BP.</p>\n<p>BP ADRs closed Friday at $26.30 and were down 2%, to $25.77, in premarket trading.</p>\n<p>The deal follows the offer made by BP in August to acquire the publicly traded units of BPMP. BP said it expects the transaction to close in the first quarter of 2022.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BP":"英国石油"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116775028","content_text":"BP PLC said a U.S. affiliate would acquire all outstanding common units of BP Midstream Partners LP that BP doesn't already own in an all-stock deal.\nThe company said this represents 47.8 million common units. Each unitholder would receive 0.575 of an American Depositary Share of BP.\nBP ADRs closed Friday at $26.30 and were down 2%, to $25.77, in premarket trading.\nThe deal follows the offer made by BP in August to acquire the publicly traded units of BPMP. BP said it expects the transaction to close in the first quarter of 2022.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":32,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1116775028"}