BP Investors Question Rosneft Swap Without Exploration, FT Says
BP’s Russian billionaire partners in the TNK-BP venture won an extension of an injunction blocking the Rosneft deal this week. BP said yesterday it will apply to proceed with the share swap on its own, without the exploration pact. That would be a concern for investors, according to two shareholders who declined to be identified, the FT said.
To contact the reporter on this story: Brian Swint in London at firstname.lastname@example.org
To contact the editor responsible for this story: Will Kennedy at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.