Sunday, November 13, 2016

Russia's Russneft shareholder to offer 20 pct of ordinary shares in IPO in 2016

MOSCOW, Nov 14 (Reuters) - Russia's tycoon Mikhail

Gutseriyev and his family are planning to sell up to 20 percent

of ordinary shares in a mid-sized oil company Russneft in an

initial public offering (IPO) by the end of 2016, Russneft said

in a statement on Monday.

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