Rosneft to acquire the whole of TNK-BP for $54.8 billion in third largest oil deal ever (Update)

08:45 AM | October 22, 2012 | Natasha Alperowicz

Rosneft has announced that it had agreed heads of terms with Alfa Access Renova (AAR) to acquire AAR's 50% interest in TNK-BP for $28 billion in cash. AAR is owned by a group of Russian billionaires,...