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:

Kaliningrad Region is the First in Terms of Involvement of the Population in Small Business
Russian Imports of Dairy Products May Reach a Minimum Level Over the Past 15 Years
The Tax Rate on the Property of Companies will Grow in Moscow
10 Startups have Become Finalists of the MTS Corporate Accelerator
Ministry of Agriculture will Support Regional Product Brands

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Soul of Russia  Open Look Festival  Pavel Kogan  active holidays in Russia  travel to Russia  St. Petersburg Guest Card  Russian Musicals  Venice Biennale  Mikhail Prokhorov  Suzdal  Sberbank  Voronezh   TNK-BP  Russian media  Festivals in Moscow  education  Hermitage  Photography  Mercedes-Benz Fashion Week Russia  Mercedes-Benz Fashion Day St. Petersburg  Krasnoyarsk  Museon Art Park  Russian gas  Industrial growth  Russian Standard  Tver  Exhibitions in Moscow  urban Russia  Street Art  Sheremetyevo  Deripaska  Leningradskaya  ENEA  Russian Cinema  St. Petersburg  Vostochny Spaceport  Arkhangelsk  Russian regions  Travel  Russian tourism  Cross-Border Cooperation  ArchKuznitsa  Vitaly Komar  Russian business  birch tree  Moscow  New Films  Russian Wooden Architecture  Russian Photographers  Emperor Paul 

Travel Blogs
Top Traveling Sites