The
Russian
state-controlled
oil
giant
put
pen
to
paper
on
the
deal
to
acquire
50%
of
TNK-BP
from
AAR
in
a
signing
ceremony
in
Munich
on
Wednesday,
it
said.
The
all-cash
deal
was
agreed
in
late
October
and
confirmation
had
been
expected
this
month.
Also
in
October,
Rosneft
agreed
to
buy
the
other
half
in
TNK-BP
from
UK
supermajor
BP
for
a
combination
of
cash
and
shares.
That
part
of
the
deal
to
acquire
full
control
of
the
company
is
expected
to
complete
in
the
first
quarter.
On
Wednesday’s
signing,
Rosneft
said:
“Completion
of
the
transaction
is
subject
to
approvals
from…
