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Why BP's Investors Should Cheer TNK-BP's Sale
Long Investing Ideas from Seeking Alpha
Fri, 15 Mar 2013
By Trefis : Quick Take BP has been operating in Russia through a joint venture called TNK-BP since 2003 and is nearing the completion of its $55 billion sale to Rosneft, where BP will receive a 20% equity stake and a board seat. The deal allows BP to secure a firmer foothold in Russia’s oil rich ...
PIMCO EqS Pathfinder manager Anne Gudefin says the fund tends to find more value in some of the multinationals listed in the developed world--like Danone, Pernod Ricard, and Carlsberg--with strong prospects in emerging markets.
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