Deal Insight
Rosneft acquires BPs 50% stake in TNK-BP for US$28 billion in cash and shares
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
BP has announced the signing of an agreement with Rosneft to sell its 50% stake in TNK-BP. Under the terms of the deal BP will receive US$12.3 billion in cash and an additional 18.5% equity stake in Rosneft. This values BP's share of TNK-BP at US$26.8 billion, towards the upper end of market expectations and just below our US$28.8 billion NPV, 12 upstream valuation. Two major uncertainties have weighed heavily on BP over the past few years and constrained strategic development: (i) ...
Table of contents
- Executive summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Baimskaya copper mine project
A detailed analysis of the Baimskaya copper-gold project.
$2,250
Asset Report
Baimskaya gold mine project
A detailed analysis of the Baimskaya gold project
$2,250
Insight
Europe upstream week in brief: Arctic exploration disappointment for Statoil, but positive signs for Premier
This is our latest week in brief where we give you quick, responsive opinion and analysis on all that's going on in European oil and gas.
$1,350
