The Russian oil giant YUKOS has invited the UBS Warburg bank to be a finance consultant to provide assistance in the YUKOS-Sibneft merger announced on April 22. Among other external consultants will be the Russian investment bank Trust and the international law firm LeBoeuf, Lamb, Greene & MacRae, the YUKOS press service announced.
As reported earlier, Sibneft will invite Citigroup as an expert to estimate the merger. This choice is due to the long-lasting collaboration between the two companies, the Sibneft press service reported.
Russian President Vladimir Putin, in his speech dedicated to the Day of the Russian Navy, recalled the threats that Russia is currently facing from a number of countries.