Morgan Stanley still hopes to conclude deal with Rosneft this year

Morgan Stanley still hopes to conclude the deal with Rosneft on sale of its oil trading division to the company this year, chief financial director of Morgan Stanley, Ruth Porat stated.

"We don’t believe that this (sanctions against Rosneft) concern our deal, so we continue to do the necessary work to conclude it by the end of the year," - said Porat.

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