Stan Polovets News
-
With $14 billion from selling out of TNK-BP, Mikhail Fridman and German Khan’s Alfa Group is planning to return to the oil industry and expand worldwide, according to Stan Polovets, chief executive officer of the Alfa- Access-Renova Consortium, which owned the Russian oil venture 50:50 with BP Plc.
-
TNK-BP , the energy venture between BP Plc and Russian billionaires, will look to acquire the London- based company’s Algerian fields to accelerate overseas expansion.
-
These are hectic days for trusts and estates lawyers, as they make house calls, work nights and fly overseas to meet rich clients before Bush era tax cuts expire.
-
OAO Rosneft, Russia’s biggest oil producer, is closing in on the $55 billion purchase of TNK-BP by signing a binding deal to buy out BP Plc’s billionaire partners.
-
OAO Rosneft, Russia’s biggest oil producer, is closing in on the $55 billion purchase of TNK-BP by signing a binding deal to buy out BP Plc’s billionaire partners.
-
Alfa-Access-Renova, the group of Russian billionaires that owns 50 percent of TNK-BP , rejected BP Plc’s offer of $27 billion for its stake in TNK-BP because it retains a long-term commitment to TNK-BP, the Financial Times said, citing AAR Chief Executive Officer Stan Polovets .
-
TNK-BP’s billionaire shareholders, who own half of the Russian oil company through AAR, are seeking to raise at least $20 billion, in part to help fund an acquisition of BP Plc’s 50 percent stake.
-
U.S. President Barack Obama lost the second of four court challenges to his health-care law as a federal judge in Florida ruled that the measure went beyond the power of Congress to regulate commerce.
-
The billionaire partners in TNK-BP may seek a London listing for their 50 percent stake in Russia’s third-biggest oil producer should state-run OAO Rosneft trump them for BP Plc’s half.
-
BP Plc’s billionaire partners in Russia’s third-biggest oil producer are ready to dissolve the equal ownership structure of TNK-BP as tensions mount between the shareholders.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page