23.11 2012 19:04:53go back
Yulia Voytovich quoted on oil and gas
A short break in the deal with Rosneft may bring TNK-BP shareholders an additional USD 1 billion or so.
A dividend payout upon mergers & acquisitions is a standard practice, says Investcafe analyst Yuliya Voitovich. ‘Although the transaction has not been completed yet, BP and AAR have in effect ceased to be fully-fledged shareholders in the company,’ says the analyst. The size of bonus is typically calculated based on the official currency exchange rates and the average prices of shares in the buyer and the company on sale in the surveyed period, according to the analyst.