Summary
THE Financial Services Authority is understood to have approved Russian energy giant Rosneft's plans to list despite calls to block the IPO on the grounds that the company plundered assets belonging to stricken Russian oil firm Yukos.
Rosneft is planning to raise about Pounds 6 billion from an IPO of between 13% and 19% of its stock in London and Moscow this week, valuing the company at Pounds 40 billion.See the full content of this document
Extract
Rosneft Float Gets the Green Light From Fsa
Britain's largest oil company...
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