"The board of directors of TNK-BP Holding, the listed unit of TNK-BP recently acquired by Rosneft, has decided to waive dividends on 2012 results, the Russian state oil major said Thursday.
TNK-BP Holding, in which minority shareholders own about 5 percent, was acquired by Rosneft along with its parent TNK-BP earlier this year in a $55-billion deal that created the world's largest publicly traded oil company by output."
'via Blog this'
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