Glencore and Qatar Foundation completed a deal with the purchase of shares...

Glencore and Qatar Foundation completed a deal with the purchase of shares of “Rosneft”

99
0
SHARE

The stake was sold for 692 billion rubles

Photo: REUTERS/Sergei Karpukhin

Swiss oil trader Glencore and Qatar’s sovereign Fund Qatar Investment Autority has completed the acquisition of 19.5% of Rosneft shares.

“The company announces that the final settlement was completed and the closing of the transactions described in the release dated December 10, 2016, achieved”, — quotes “RIA Novosti” an excerpt from the official announcement of Glencore.

The package of shares of “Rosneft” was sold for 692 billion rubles, or €10.2 billion At the beginning of December the head of “Rosneft” Igor Sechin reported to Vladimir Putin on the completion of privatization of 19.5% stake in the company.

See also:

A worthy cause for optimism