Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Rosneft to Save $1.4BN on TNK-BP Deal
6.02.2013 18:12
Rosneft to Save $1.4BN on TNK-BP Deal
Photo Credit:

BP and AAR have received a total of $1.4 billion in dividends from TNK-BP, which will bring down the price of the oil company when it is sold to Rosneft. 

Rosneft will let the shareholders get the 2Q and 3Q 2012 dividends in exchange for a discount.

As a result, British BP will get $11.6 billion, $700 million less than the price initially agreed.

AAR is expected to get 27.3 billion instead of the original price of 28 billion. 

According to a BP representative, the dividends will be stored on a special account until the deal with Rosneft is closed.


Author: Mikhail Vesely

Tags: Rosneft AAR BP TNK-BP  

Next Previous

You might also find interesting:

The HSE Business Incubator Has Become the Best University Accelerator in the World
The Most Popular Online Services for Entrepreneurs
Russian Railways Launches its Own Corporate Accelerator for High-tech Startups
Business Activity of Russian SMEs is Close to Stagnation
Business Activity in the Areas of Production and Services Fell Below a Critical Level

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Petersburg events  Harry Potter  Russian society  Bioreactor  cloning  Russian tourism  Russian regions  Russian Railways  Anapa  Russian Astronauts  Voronezh   Rock Music  Russian food industry  Festivals in Moscow  Chinese and Russian Culture and Art Festival  Freedom Award  Rosneft  Siberia  Russian Metro  Exhibitions in Moscow  Rubles Fall  Russian Cinema  Mercedes-Benz Fashion Week Russia  public transport  travel to Russia  Achinsk  Moscow  hydrocarbon fuel  Russian shops  the Crimea  Russian rugby  Novosibirsk  Sparow Hills  Akhmatova  Russian Photographers  Russian business  Artstory  Olympics 2014  Adygea  Russian sport  Arkhangelsk region  Russian roads  Russian airlines  Rainbow On The Ice  Russian directors  St. Petersburg  Russian politics  Moscow transport  Ministers  St. Petersburg restaurants 

Travel Blogs
Top Traveling Sites