Rosneft near final TNK-BP deal with tycoons - sources

Russian oil group Rosneft will announce within days it has finalised a deal to buy half of domestic peer TNK-BP from AAR for $28 billion, several sources familiar with the situation said.

Rosneft and AAR declined to comment.

Last month, Rosneft head Igor Sechin said it and AAR - a consortium of four Soviet-born tycoons - should sign a binding agreement in December.

via Business feed http://www.scmp.com/business/commodities/article/1103302/rosneft-near-final-tnk-bp-deal-tycoons-sources