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Monday, May 16, 2011

BP struggles to save Rosneft share swap

BP struggles to save Rosneft share swap BP’s attempt to salvage its landmark alliance with Rosneft ahead of a midnight deadline to complete a proposed $16bn share swap was close to foundering on Monday afternoon after talks to buy out its Russian partners in TNK-BP appeared close to collapse
http://link.ft.com/r/KC2844/IYXUCR/ZBHOFE/UUJP6D/IY43Y8/N9/h?a1=2011&a2=5&a3=16

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