Rus News Journal

Purneftegaz have returned Rosneft

Business Purneftegaz it is closed
  Purneftegaz have returned Rosneft

Business Purneftegaz it is closed

Yesterday the Arbitration court of Moscow recognised as void last from four transactions on sale of a controlling interest of Open Society Rosneft - Purneftegaz branch Rosneft . Fight for Purneftegaz proceeding three months, has come to the end.

Till September of this year of actions of 38 % (that is 51 % voting) Purneftegaz - One of the largest oil-extracting enterprises of Russia - was in the state company property Rosneft . However on September, 11th this package under the decision of the Moscow arbitration court has been sold by equal shares of Joint-Stock Company PAKK - Invest Joint-Stock Company the POPPY - the Center Open Company the Phoenix and Open Society evrosibneft that for the obtained money to pay off debts Rosneft .
the Transaction looked rather doubtful if to consider that Purneftegaz has left in total for $10 million (according to the recent conclusion of Audit Chamber of the Russian Federation market cost 38 - a percentage share holding of Open Society Rosneft - Purneftegaz makes from $680 to $760 million).
controlling stock Sale Purneftegaz for so low price has caused the liveliest interest at first in the press, and then and at competent bodies. On scandal peak to return Purneftegaz the state company have demanded Boris Yeltsin and Evgenie Primakov. And the capital arbitration court had to change urgently former decisions (in September it has rejected the complaint Rosneft ). In November under claims of Office of Public Prosecutor of Moscow void three transactions on sale of actions " have been recognised; Purneftegaz ; yesterday this list has replenished with the fourth - and last.
ALEXANDER - KABALOV