Saudi Investors Have Limited Chance for BP Stake, Economist Says
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Saudi investors have a limited chance to buy a stake at troubled BP Plc, said John Sfakianakis, Chief Economist at Banque Saudi Fransi.
Saudi newspaper Al-Eqtisadiya said on July 7 that a group of Saudi investors were eying a 10 percent to 15 percent stake in the company without mentioning where it got the information. Sfakianakis said such an acquisition was unlikely.