Bashneft’s shares rose by 4.6% on privatization news
Edited by Rhod Mackenzie / 2016-02-15 11:20:35
Bashneft’s general shares rose by 4.61% to 2,270 roubles/share on the MICEX, privileged shares rose by 2.47% to 1,865 roubles/share.
The Minister of Economic Development, A. Ulyukaev, said that the Government plans the privatization of a number of companies of the fuel and energy sector in 2016, including Rosneft and Bashneft but would not sell Sberbank in the near future.
He added that his personal experience of cooperation with the Russian business speaks of high interest in assets. He hopes for a good demand for privatized in 2016 assets.
