Russia - 05

Russia: Bashneft’s Privatization: Who Are the Potential Buyers?

Senior government officials have recently confirmed that Bashneft will be the first major company to be privatized in 2016. The Russian government currently controls a 50.08% stake in Bashneft; Bashkortostan’s regional administration holds a 25% stake; about 5% of the company is held as treasury shares; and institutional and individual private investors hold the rest.

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