Pan American Energy
In 1997, Bridas and Amoco (now BP) established a joint venture named Pan American Energy. The stake of BP is 60% and the stake of Bridas is 40%. On November 28, 2010 it was announced that Bridas would acquire the BP's stake for $7.06 billion in cash. In 2011 the deal was cancelled.
Read more about this topic: Bridas Corporation
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