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Companies / Russia

Rosneft IPO Under Attack

June 2006 | Company News Alert

The former vice president of Yukos has warned investors to avoid the forthcoming Rosneft share sale, suggesting that financial institutions shouldn't buy for a second time the assets they used to own through their shares in Yukos. He also suggested that the privatisation of the Russian state oil company could be reversed by a future government. Meanwhile, Yukos has appealed to the Financial Services Authority (FSA) to stop the initial public offering (IPO) that could raise around

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