Russian PM signs order selling Bashneft to Rosneft: agencies

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[October 10, 2016]  MOSCOW (Reuters) - Russian Prime Minister Dmitry Medvedev has signed an order selling a controlling stake in oil firm Bashneft <BANE.MM> to Rosneft, Russian news agencies quoted him as saying on Monday.

 

The order envisages Rosneft paying 329.69 billion roubles ($5.30 billion) for the 50.0755-percent Bashneft stake before Oct. 14, Interfax quoted Medvedev as saying at a meeting with his deputies.

(Reporting by Alexander Winning; Writing by Maria Kiselyova)

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