Bp Gives Way in Fight Over Board at Tnk

Summary


BP has agreed a major concession with its Russian partners in the joint venture TNK-BP as part of an agreement aimed at settling a battle for control.

Under the deal, two of the four billionaires that form the Alfa Access-Renova consortium which owns 50% of TNK-BP will keep their management board roles.

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Bp Gives Way in Fight Over Board at Tnk

When BP reach...

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