Rosneft completes the purchase of TNK-BP and might become the largest oil producer in the world
Edited by vadim / 2013-03-21 06:57:21
oday Rosneft will purchase 50% of TNK-BP’s shares from BP and 50% from AAR. Rosneft has already been approved by all the regulation bodies, including the antimonopoly bodies of Russia and the Ukraine and the European Committee.
BP will be paid $17.1 bln and 12.84% of Rosneft’s shares for its stake, AAR - $28 bln. Rosneft will pay both shareholders about $1 bln of interest that has been counted from the end of 2012 when the preliminary agreements were signed.
