Volga | Energy, utilities | Materials, extraction

Bashneft buys 25% shares in Sistema-Invest for $202m

13 Apr '10
Republic of Bashkortostan oil company Bashneft has finalized a deal to purchase 25% shares in Sistema-Invest, Bashneft reports.

The deal price came in at $202m, the firm said.

The seller is reportedly Endeavour Energy Ltd.

Both Bashneft and Sistema-Invest are controlled by Sistema.
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Tags: Bashneft (27) / Sistema (22) / Sistema Invest (0) / Endeavour Energy Ltd. (0) /

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