BP May Acquire 12.5% of Rosneft in TNK-BP Deal, Kommersant Says
By Anatoly Temkin -
2012-09-20T04:10:18Z
BP Plc (BP/) is discussing swapping its 50 percent stake in TNK-BP for $10 billion to $15 billion in cash plus 12.5 percent of OAO Rosneft (ROSN), Russia’s largest state- controlled oil company, Kommersant reported, citing unidentified persons with knowledge of the talks.
Neither side has yet approved the plan, the newspaper said.
To contact the reporter on this story: Anatoly Temkin in St. Petersburg at atemkin@bloomberg.net
To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net
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