Bloomberg News

Goldman May Break Up Svenska Petroleum Sale, Independent Says

May 27, 2012

Goldman Sachs Group Inc. (GS:US) is considering breaking up the sale of Svenska Petroleum Exploration AB’s assets to increase returns, the Independent on Sunday reported, citing an unidentified industry source.

Potential bidders for assets in Africa, Norway and Latvia, that may include Royal Dutch Shell Plc (RDSA) and BP Plc (BP/), expressed an interest in different countries and regions, the newspaper reported, without saying where it got the information.

Goldman Sachs spokeswoman Fiona Laffan didn’t immediately return a phone call seeking comment.

To contact the reporter on this story: Ben Farey in London at bfarey@bloomberg.net

To contact the editor responsible for this story: Lars Paulsson at lpaulsson@bloomberg.net


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