4 result(s) displayed (1 - 4 of 4):

TNK-BP dispute settled, for now, as CEO will exit (from Corporate Dealmaker)

There's a truce in the battle for control of TNK-BP, the 50-50 Russian joint venture from which European oil giant BP plc gets 20% of its output. Both sides agreed to replace Robert Dudley with a Russian-speaking CEO. The main complaint from Russian billionaires Len Blavatnik, Mikhail Fridman, German Khan...

Posted on September 4, 2008 1:31 PM

Battle for TNK-BP continues as CFO resigns (from Corporate Dealmaker)

BP plc's troubled Russian joint venture, TNK-BP, just lost its CFO. James Owen tendered his resignation to CEO Robert Dudley on August 4, citing an inability to continue working independently as shareholder issues remain unresolved. In mid-July, BP's Russian counterparts made public their intention to buy out the 50% of...

Posted on August 4, 2008 3:47 PM

BP to Russian JV partners: No sale (from Corporate Dealmaker)

The battle for Russia's third largest oil producer, TNK-BP, continues. Russian partners Len Blavatnik, Mikhail Fridman, German Khan and Victor Vekselberg said Tuesday they want to buy out BP plc's 50% stake. Why? "The fundamental issue is...

Posted on July 15, 2008 12:01 PM

Russia's VimpelCom on march in Vietnam, Kazakhstan (from Corporate Dealmaker)

Here's an intersection of two big trends: emerging economies producing globally competitive companies, and the burgeoning market for telecom services in the developing world. Russia's Vimpel Communications is spending $267 million for a 40% stake in a mobile-communications joint venture with Global Telecommunications Corp., a Vietnamese state-owned firm, and its...

Posted on July 8, 2008 9:51 AM