I wonder what you think and how you would like a scenario where a private equity company with money buys BP at a low stock price (like someone here mentioned might happen sometimes next year)? I myself have divided opinion on this. The debt is big. How likely is it to happen and what would follow after that? None of us are Nostradamus but I am interested in what you think about this.
5 replies (most recent on top)
The issue would be that if BP were to get purchased, it would get bought by an international holdings company and get parceled out. If you think things are bad now, they would be much worse under that scenario.
I'd be into it, but it's not going to happen.
Deep Water Horizon has given BP a debt of $64 billion. Any company interested in purchasing BP would have to take on it’s debt. This is very unlikely and a bad business decision.
I don't think it will happen. Look at all of the debt this company is in. PE would buy it and divided up the individual parts for sale, but I can't see how they can do the division. At least with petchems, they will be in the hands of a company that is more interested in improving the business.
Get out of here you chancer! This is a lay-off board