Report: TNK-BP Eyes Sibir

摘要

Russian-UK joint venture TNK-BP reportedly is prepared to offer $3.8 billion for UK-listed Sibir Energy, which has become the latest midsized Russian oil producer forced toward the auctioning block amid the financial crisis. TNK-BP shareholder German Khan has sounded out an offer of around ￡6 ($8.80) per share to shareholders of the company, the UK's Sunday Times reported Apr. 12, without citing any sources. Khan reportedly has also taken the offer to state bank Sberbank, which would take a 47% stake in Sibir if the independent oil firm's top Russian shareholders, Shalva Chigirinsky and Igor Kesaev are unable to repay $649 million in loans from the Russian bank. The offer is a substantial premium to Sibir's current share price.