Reuters logo
Sberbank in talks over TNK-BP takeover financing-Ifax
November 22, 2012 / 12:56 PM / 5 years ago

Sberbank in talks over TNK-BP takeover financing-Ifax

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.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below