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Glencore to take a 49% stake in RussNeft

Swiss-based Glencore is set to acquire a 49% stake in Russia's RussNeft, one of the country's 10 biggest oil companies.

Draft deal: Mikhail Gutseriyev says RussNeft deal in the works
Draft deal: Mikhail Gutseriyev says RussNeft deal in the works
  • Anamaria Deduleasa and Reuters reports
Published 11 March 2015, 12:28Updated 11 March 2015, 12:30
Eastern Europe