Παρ, 19 Οκτωβρίου 2012 - 18:34
BP PLC's board meeting to discuss Russian oil giant OAO Rosneft's offer, said to be for about $25 billion, for the U.K. company's 50% stake in TNK-BP started at around 1400 GMT Friday, people familiar with the matter said.
The bid, which could set the stage for a deal that would unwind a profitable but troublesome partnership for the British energy company, was expected to consist of cash and Rosneft shares, people familiar with the matter said late Thursday