BP (British Petroleum) looks for ways to divest Vysis:
This article was originally published in Clinica
Executive Summary
UK oil company British Petroleum (BP) announced last week that it would like to dispose of its 65% share in Vysis that it inherited when it acquired the Amoco oil business in 1998. The company said that the DNA diagnostic company was not strategic and that it was looking for the best way to dispose of some or all of its holding and was considering selling privately, a further public offering or even a merger. BP has set no time limit on the transaction.