Oct 30, 2012 | News
Reuters 29 October 2012 Giant BP is set to exit its stake in the TNK-BP joint venture ahead of the AAR consortium of tycoons, when they sell out to state-controlled Rosneft, a source close to Rosneft told Reuters on Monday. BP has struck a deal to sell its stake in...
Oct 24, 2012 | News
Moscow Times 23 October 2012 Rosneft’s acquisition of TNK-BP has reportedly made Viktor Vekselberg Russia’s wealthiest man and gives the state back control of the oil industry that has been largely in private hands since the privatizations of the 1990s. As the dust...
Sep 27, 2012 | News
Reuters 26 September 2012 To make binding, all-cash offer by mid-October – source No price determined for 50 pct stake AAR had proposed $10 bln for 25 pct in TNK-BP Financing to come from borrowing against TNK-BP The billionaires who own half of Russian oil firm...
Jun 4, 2012 | News
Moscow Times 4 June 2012 BP has agreed to consider quitting its Russian joint venture in a move that could strip the British company of almost a third of its output and reverse the biggest investment in the Russian oil industry. If BP sells its 50 percent share in...
Apr 24, 2012 | News
East-West Digital News 23 April 2012 Megafon, Russia’s second largest mobile operator, has borrowed $4.5 billion with the intention of buying back investor Mikhail Fridman’s 25.1% stake, Reuters reported last week. If successful, the purchase will bring MegaFon closer...
