Russia’s Federal Anti-Monopoly Service has approved the purchase of TNK-BP by Rosneft.
The antitrust agency ruled that it was okay to take over 100 percent of the oil company with one reservation only.
According to statement, Rosneft has to sell some of its petrol stations in those regions of Russia where its market share will exceed 50 percent after the acquisition of TNK-BP.
More on Rosneft’s historic deal here.
Here is some interesting info on the history of Rosneft.
Author: Mikhail Vesely