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9 个月内
Russia says completes Bashneft sale to Rosneft for $5.3 bln
2016年10月12日 / 下午3点22分 / 9 个月内

Russia says completes Bashneft sale to Rosneft for $5.3 bln

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MOSCOW, Oct 12 (Reuters) - The Russian government has completed the sale of a controlling stake in mid-sized oil producer Bashneft to the Kremlin-owned Rosneft for 329.69 billion roubles ($5.30 billion), the economy ministry said on Wednesday.

The sale is a part of a government privatisation drive aimed at narrowing the state budget deficit.

The ministry, citing the minister, Alexei Ulyukayev, said Rosneft's bid was higher than a valuation of between 297 billion roubles and 315 billion roubles, while the unidentified second bidder offered a lower bid.

President Vladimir Putin said earlier on Wednesday that Russia's privatisation drive will be more efficient after Rosneft purchases the state's stake in Bashneft.

$1 = 62.2255 roubles Reporting by Vladimir Soldatkin; Editing by Adrian Croft

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