Russian oil company up for sale - again
Although investors will bite at the right price, Bashneft's sale - and many others around the country - will reinforce Russia's reputation in global markets for uncertainty
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Moscow
FOR sale in Russia this summer: one repossessed asset, well loved and maintained. Seller is motivated. Everything must go.
In this fire sale, the asset is Bashneft, the oil company once owned by Vladimir Yevtushenkov, who was prosecuted and put under house arrest. And the seller is the Russian state, in desperate need of cash.
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