Economy/Business News Alert: BP agrees sell its stake in Russian venture

Monday, October 22, 2012

Economy/Business News Alert from The Washington Post

BP agrees sell its stake in Russian venture
The Washington Post Monday, October 22, 2012 7:50:30 AM

Economy/Business News Alert

BP agrees sell its stake in Russian venture

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BP announced Monday morning that it had agreed to sell its 50 percent stake in TNK-BP to Rosneft for $17.1 billion in cash and a 12.84 percent stake in the Russian oil group.

Read more at:
http://www.washingtonpost.com/business/bp-confirms-talks-with-rosneft-to-sell-tnk-bp-stake-no-deal-yet/2012/10/22/e58f1674-1c19-11e2-8817-41b9a7aaabc7_story.html





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