--Oil company BP PLC, working with Morgan Stanley, is considering an acquisition of some of BHP Billiton Ltd.'s energy assets, Bloomberg reports, citing unnamed sources.

--BHP Billiton is selling 800,000 net acres of assets, which the dual-listed mining company said are worth at least $10 billion, according to Bloomberg.

--BHP Billiton is preparing to sell the assets, located across four basins, including the prized Permian basin, in up to seven packages, Bloomberg reports.

Full story: https://bloom.bg/2HRbEbn

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(END) Dow Jones Newswires

May 04, 2018 06:23 ET (10:23 GMT)

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