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Mikhail Fridman, one of the Russian tycoons involved in TNK-BP, has been meeting investors in...

  • Thursday, June 21, 2012, 6:14 AM ET
    Mikhail Fridman, one of the Russian tycoons involved in TNK-BP, has been meeting investors in London to try to get backing for his plan to buy half of BP's 50% holding in the JV, the FT reports. Fridman, who recently quit as TNK-BP's CEO, also said the Russians could sell out to BP for cash and shares. However, BP is unlikely to support either scenario.
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This news story has 2 comments:

  • BP would be mad to reduce their share to minority. If they agree to anything other than a full sale or the status quo, I will dump. Hope I do before the rest of the shareholders.
    21 Jun 2012, 06:35 AM Reply Like
  • timddeb is right!
    21 Jun 2012, 10:55 AM Reply Like
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