United Russneft to be able to place about 25% of shares for IPO

The possible amount of IPO of Russneft after merging with Neftisa is 25% of the shares, the founder of both companies, chairman of the Russneft’s Board of Directors Mikhail Gutseriev reported to journalists.
"Probably 25%," - he said, responding to a question.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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