UPDATE: BP sells NZ Refining shares at 6.9% discount

Fri, 17 Mar 2017

(Update adds detail in second paragraph, inserts third paragraph with share discount, fifth paragraph with BP comment, changes lede and headline to reflect update) By Tina Morrison and Sophie Boot March 17 (BusinessDesk) - BP New Zealand Holdings has sold down part of its holding in the nation's only oil refinery operator, NZ Refining, at a discount. BP New Zealand Holdings and Europa Oil NZ told NZ Refining after the market closed yesterday that it planned to sell as much as 11.1 percent of the company, reducing its holding to 10.09 p...

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