BP Sells 49.9% Stake in Indonesian Petrol Station Venture, Partner Firm ...
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7 Articles
PT AKR Corporindo Tbk (AKRA) took over all share ownership of British oil and gas company BP in PT Aneka Petroindo Raya (APR), the company that manages the BP-AKR gas station network in Indonesia.
BP officially sold 49.9 percent of its APR shares for Rp255.96 billion to two AKR subsidiaries. The AKR Group now owns 100 percent of the company.
JAKARTA – BP sold its entire 49.9% stake in PT APR to the AKR Group in a transaction valued at US$14.22 million. The divestment also ended BP's ownership in APR and made PT AKR Corporindo Tbk (AKRA) the full owner of the company. In a disclosure to the Indonesia Stock Exchange (IDX) on Monday (November 9, 2026), AKR Corporindo revealed that AKRIDA […] The post BP Divests 49.9% of APR Shares After Releasing Fuel Business in Indonesia was featured…
The acquisition was carried out through two of its subsidiaries, PT Anugerah Krida Retailindo (AKRIDA) and PT Andahanesa Abadi (ADH).
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