The collapse of BP's (BP +0.2%) planned sale of a $7B stake in an Argentine crude firm is CEO...

|About: BP p.l.c. (BP)|By:, SA News Editor

The collapse of BP's (BP +0.2%) planned sale of a $7B stake in an Argentine crude firm is CEO Bob Dudley's second failed multi-billion dollar deal this year, renewing concerns about his turnaround of the company. Analysts say the failure shows the risks in BP's strategy of rapid dealmaking; it also calls into question plans to lift its dividend early next year.