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GlobalData

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Business & Economics

BP and Apollo agree on $1bn deal for 25% stake in bp TANAP

GlobalData
Summary
Nutrition label

80% Informative

Apollo funds will purchase non-controlling shareholding in bp TANAP for approximately $1bn .

Proceeds will contribute to bp’s $ 20bn divestment programme.

BP and Apollo continue to explore further cooperation opportunities in infrastructure, gas and low-carbon energy assets.

VR Score

74

Informative language

70

Neutral language

73

Article tone

formal

Language

English

Language complexity

65

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links

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