Main menu
Edison Group
  • Home
  • Sparks
  • Equities

    Equities

    View All Equities

    Equities by Sector

    Metals One

    MCap

    —

    Last close

    GBP0.01

    ▲ 0.18 (19.44%)

    iQSTEL

    MCap

    USD9m

    Last close

    USD0.82

    ▲ −0.02 (−2.73%)

    Duke Capital

    MCap

    GBP104m

    Last close

    GBP0.20

    ▲ 0.25 (1.25%)

  • Sectors

    Sectors

    View All Sectors
  • Megatrends

    Megatrends

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

Sparks commentary - bp

Energy & Resources

Sparks - bp

More on this equity
bp (LSE: BP) – Aker BP stake sale lifts FY26 divestment proceeds guidance
Published by Harry Kilby

bp (LSE: BP) successfully executed the sale of a 5% stake in Aker BP for NOK9.83bn ($1.06bn), reducing its holding from 15.9% to approximately 10.9%. The disposal was completed at NOK311 per share and leaves bp with 68.7m Aker BP shares, subject to a 90-day lock-up on the remaining holding.

The proceeds will be used to strengthen bp’s balance sheet and increase expected FY26 divestment and other proceeds to around $9bn, c $1bn above previous guidance. Management highlighted Aker BP’s strong recent performance and favourable macro environment as supporting the timing of the partial monetisation, while bp retains a material interest in the business. The transaction also supports bp’s stated priority to strengthen its balance sheet as it builds a simpler, stronger and more valuable company.

Next Sparks Commentary in this sector >

Latest

Industrials | Comment

PVA TePla (FRA: TPE) reports Q326 results

Industrials | Comment

Smiths News (LSE: SNWS): Robust FY26 and a clear boost from Go National from FY29

Consumer | Comment

Trainline (LSE: TRN) – H127 EBITDA up 7%, FY27 guidance maintained

TMT | Comment

Corero Network Security: Investment in international sales and channel investment

Industrials | Comment

Braemar (LSE: BMS) – Strong H127 results, 2030 targets unchanged
Cookie Policy Overview
Edison Group

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping us understand which section of the website you find more interesting and useful. See our Cookie Policy for more information.

Strictly necessary and functional

These cookies are used to deliver our website and content. Strictly necessary cookies relate to our hosting environment, and functional cookies are used to facilitate social logins, social sharing and rich-media content embeds.

Advertising

Advertising Cookies collect information about your browsing habits such as the pages you visit and links you follow. These audience insights are used to make our website more relevant.

Performance

Performance Cookies collect anonymous information designed to help us improve the site and respond to the needs of our audiences. We use this information to make our site faster, more relevant and improve the navigation for all users.