Sberbank in talks over TNK-BP takeover financing-Ifax

MOSCOW Thu Nov 22, 2012 7:53am EST

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MOSCOW Nov 22 (Reuters) - Russia's biggest bank Sberbank is in discussions over financing a takeover of oil company TNK-BP by state-controlled major Rosneft , Interfax news agency quoted the bank's Chief Executive German Gref as saying on Thursday.

Banking sources said last week Rosneft was receiving banks' initial commitments to a $32.5 billion loan to back its $55 billion acquisition of TNK-BP.

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