Rosneft negotiates on purchase of 50% minus 1 share in Indian company Essar Oil
Edited by Rhod Mackenzie / 2015-03-25 11:55:42
Rosneft is in talks to acquire a strategic stake in Indian company Essar Oil in the amount of 50% minus one share.
"Currently, there are negotiations with the Russian oil giant, - said a source of the Economic Times. - The Indian side expects to receive $8.7 billion for a package in Essar Oil".
According to him, the next working meeting of representatives of the Russian and Indian companies will be held in London in early April.