OSW: China’s CEFC has acquired a stake in Rosneft
On 8th September Glencore and Qatar Investment Fund (QIF) announced that the Chinese company CEFC would shortly finalise a transaction to buy 14.16% of shares in Rosneft. This information was confirmed by Rosneft’s CEO Igor Sechin. The value of the transaction is said to be US$ 9 billion. The first stage of Rosneft’s privatisation was […]
