Slavneft sold to Sibneft

The Invest-Oil company, which acted on behalf of the Sibneft Oil Company, purchased a 74.95 percent state stake in the Slavneft Oil and Gas Company at today's action organized by the Russian Federal Property Fund. The company paid $1.860bn for the shares, RBC's correspondent reported from the auction. A representative of the Property Fund, Vladimir Korovkin, was the auctioneer.

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