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2016-12-08 18:35:00

ROSNEFT SOLD: €10.5 BLN

РОСНЕФТЬ ПРОДАНА: €10.5 МЛРД.

FTGlencore and the sovereign wealth fund of Qatar are to take a 19.5 per cent stake in Russian oil company Rosneft in a surprise €10.5bn deal that marks a triumph for President Vladimir Putin.

The deal, which was announced by Mr Putin's press secretary on Wednesday evening, is the largest under a privatisation programme launched by the cash-strapped Russian government at the start of the year and one of the largest ever investments into the country.

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Tags: РОССИЯ, RUSSIA, РОСНЕФТЬ, ROSNEFT, GLENCORE, QATAR
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