bpholdings affärsnyheter, BP säljer TNK-BP gemensam Riskföretagpåle ti

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bpholdings news - BP Sells TNK-BP Joint Venture Stake to Rosneft:

bpholdings news - BP Sells TNK-BP Joint Venture Stake to Rosneft http://bp-holdings.bravesites.com/entries/business/bpholdings---bp-sells-tnk-bp-joint-venture-stake-to-rosneft

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LONDON--BP PLC (BP.LN) said Monday it has agreed to sell its 50% stake in Russian oil company TNK-BP Ltd. ( >> TNK-BP Holding OAO ) to state-backed giant OAO Rosneft ( >> Rosneft ' NK OAO ) for $17.1 billion in cash plus shares representing 12.84% of the Russian company. Under the terms of the transaction, BP will use $4.8 billion of the cash it receives for its TNK-BP stake to purchase an additional 5.66% of shares in Rosneft , to take its total stake up to 19.75%, it said in a statement. After acquiring those shares, BP will have gained $12.3 billion in cash from the transaction, it said.

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