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BP in Discussions to Sell Its London Headquarters, Report Says

Eric Volkman, The Motley Fool
·2-min read
BP in Discussions to Sell Its London Headquarters, Report Says
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Once considered a leading name in British industry, struggling energy major BP (NYSE: BP) is trying to divest a glitzy asset: its London headquarters. Quoting "people familiar with the matter," The Wall Street Journal is reporting that the company aims to reap around 250 million British pounds ($325 million) for the structure. It aims to sell it to a Hong Kong-based company called Lifestyle International Holdings (OTC: LFSYF).