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ConocoPhillips: Jim Ratcliffe Eyes Assets in the United Kingdom

ConocoPhillips: Jim Ratcliffe Eyes Assets in the United Kingdom

On November 19, ConocoPhillips (COP) confirmed to CNBC that it has been engaged in talks with Jim Ratcliffe, the United Kingdom’s wealthiest man and Ineos’ CEO, about selling its assets in the United Kingdom. The deal could fetch ~$3 billion for ConocoPhillips.