Research (J&T BANKA)
World markets  |  November 23, 2012 09:31:05

BP completed the sale of 50% of TNK-BP


BP announced the completion of the sale of its 50% stake in TNK-BP company Rosneft. As expected, BP gets USD 17.1 billion in cash and 12.84% shares in Rosneft. Then BP buys Rosneft shares for $ 4.8 billion (5.66%) and the total will be in control of Rosneft 19.75% share. The transaction must be approved by the regulator (1H13).

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Read also:

October 22, 2012Rosneft buys 50% of TNK-BP for nearly 13 mld.USD Research (J&T BANKA)
December 07, 2010BP is considering selling its assets in the North Sea Mediafax (Mediafax)

BP dokončil prodej 50% v TNK-BP

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