BP seeks to sell 50% of solar unit to strategic partner

LONDON, March 13 (Reuters) - BP is seeking to sell 50% in its solar unit Lightsource bp to a strategic partner for cash and commitment of future investments, the energy major said in a sales document seen by Reuters.

BP is planning assets sales and partnerships as part of a broader plan to address investors' concerns. The firms wants to cut costs and improve return on investments to boost its share price and profits.