AAR Reportedly Signs With Rosneft to Sell TNK-BP Stake

Moscow Times 17 October 2012 BP’s billionaire partners in a Russian joint venture tentatively agreed to sell their stake to state-controlled oil producer Rosneft for $28 billion, news reports said Wednesday. Alfa-Access-Renova, a consortium of four billionaires,...

Megafon Goldman Sachs walks away from Megafon’s imminent IPO

East-West Digital News Goldman Sachs announced on Tuesday that it has pulled out of a role as lead bank on an initial public offering by Megafon, one of Russia’s top mobile operators, scheduled for Nov. 1 simultaneously on the London and Moscow stock exchanges....