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The Nexus
BUSINESSJun 3 · 16:23 UTCBLOOMBERGMitchell Ferman, Will Mathis

Big New BP Shareholder Adds to Stock Despite Boardroom Chaos

BP Plc announced its largest oil discovery in 25 years in deep waters off Brazil, which could aid the company's efforts to reverse years of underperformance. A new shareholder is increasing their BP stock holdings despite ongoing boardroom issues.

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