1 Sberbank in talks over TNK-BP takeover financing - Ifax - IBTimes UK

Sberbank in talks over TNK-BP takeover financing - Ifax

November 22, 2012 1:21 PM GMT

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.

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($1 = 31.1612 Russian roubles)

(Writing by Maria Kiselyova; Editing by Vladimir Soldatkin)

Copyright 2012 Thomson Reuters UK. All rights reserved.

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