Entries tagged "AAR"

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TNK-BP co-shareholders plan BP buyout

The British oil company is seen likely to favor a deal with Rosneft over the $20 billion sale to joint venture partner AAR. Continue reading

Posted on September 26, 2012 11:09 AM

BP, Rosneft enter talks about TNK-BP

The discussions about a potential $25 billion-plus transaction pose a challenge to TNK-BP co-owner AAR Continue reading

Posted on July 24, 2012 9:25 AM

AAR will offer to buy BP stake in JV

Russian investment consortium Alfa-Access-Renova will offer to buy half of BP plc's 50% stake in Russian oil producer TNK-BP Ltd. by mid-July, launching an offer ahead of a deadline written into the JV partner's shareholder agreement. Continue reading

Posted on July 6, 2012 9:45 AM

AAR pitches BP shareholders on JV plan

The consortium of Russian investors would prefer to sell its 50% stake but could also buy BP's holding--if valuation issues can be resolved. Continue reading

Posted on June 21, 2012 9:20 AM

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