Gulf Investors Eye Russia’s Bashneft Privatization

Posted on 09/02/2016

The Russian Direct Investment Fund (RDIF) seeks to partake in the privatization of PJSOC Bashneft an oil producer. The Russian government seeks to sell a 50.08% stake in Bashneft which appears to be valued at nearly 300 billion roubles (US$ 4.6 billion). RDIF and its co-investors, particularly Gulf sovereign funds, may bid for one-tenth of […]

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