The publication noted that company sources believe that the group will probably dispose off a stake in its alternative energy business rather than go for a complete sale, in a bid to realize value from the business. Sources are also reportedly of the opinion that such a move will take time to be realized.
Tony Hayward, BP’s CEO, as quoted by the Guardian, said: What we will be doing over the course of the year will be looking at ways of realizing that value for shareholders because none of us believe that there is very much of that, if anything, in our share price today.
