Deals Rumor Mill: Rosneft, KKR, TPG Capital

Law360, New York (May 28, 2013, 1:45 PM EDT) -- Russian oil giant Rosneft OAO is closing in on its $3 billion acquisition of the portion of Itera International Group of Cos. that it does not already own, local newspaper Kommersant reported on Tuesday. Though it has buckled a bit under competition, Itera — once the country's second-biggest gas producer — remains a major gas provider in Russia and throughout Eastern Europe. Rosneft's move is meant to fortify its business as it tries to knock down the export monopoly held by rival Gazprom OAO, a major...
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