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BP to buy entire ownership of Thorntons joint venture

BP to buy entire ownership of Thorntons joint venture
BP to buy entire ownership of Thorntons joint venture   -   Copyright  Thomson Reuters 2021
By Reuters

– BP Plc said on Tuesday it would buy the entire ownership of its Thorntons joint venture to expand its presence in the U.S. fuels and convenience retail business.

The company will acquire the majority share it does not already own in the business from ArcLight Capital Partners LLC.

BP did not disclose financial details of the deal.