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BP expects to receive two seats on Rosneft's board after increasing its stake in the Russian...

  • Tuesday, March 5, 8:26 AM ET
    BP expects to receive two seats on Rosneft's board after increasing its stake in the Russian state-controlled oil giant to 19.8% from 2%, as part of a deal that will also see Rosneft buy competitor TNK-BP from BP and its partners. One of the seats would go to BP CEO Bob Dudley if his nomination is confirmed by shareholders later in the year.
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This news story has 2 comments:

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    Don't tell me, let me guess: most of the Rosneft Board's votes will show about 80% for and 20% against!
    5 Mar, 10:16 AM Reply Like
  •  
    So lets be clear. My Russian wife and I argued over money and were involved in a very unpleasant separation and divorce. The best settlement I could get is to trade my half of our house and assets for 20% of her parents dilapidated Russian house of unknown value. .And nobody knows if her parents actually own the house.
    6 Mar, 03:31 AM Reply Like
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