India Trust and Essar Oil seek to acquire BP's African assets

On the 28th, the Indian Trust Industry Company and Essar Oil Company are seeking to purchase BP's fuel retail assets in some countries in Africa. PTI said that BP is selling some African countries, including fuel retail assets in Botswana, Tanzania, Namibia, Malawi, and Zambia.
Trust Industries and Essar Oil have offered $400 million to $500 million respectively to acquire BP's assets in Africa

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