Russia - 03

Russia: Sechin Eyes Bashneft

Several recent developments suggest that Rosneft will make a bid for Bashneft when the company is privatized later this year or in 2017. While previously the government ruled out participation by state-owned companies in privatizations, as well as bidders’ reliance on loans provided by state-controlled banks, in recent weeks government figures have treated such a prospect with much less hostility.

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