The board of UK energy company BP PLC has struck a deal to swap its troublesome Russian oil venture TNK-BP for a big stake in Rosneft, the Kremlin-controlled energy company, a person familiar with the matter said Sunday. The person said that the sale of BP’s half of TNK-BP was expected to net the company between $10 to $15 billion in cash as well as a 15 to 20 percent stake in Rosneft, Russia’s largest producer of oil.
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