Rosneft will sell to institutional investors over 85 million ordinary shares, representing approximately 8.99%, at a price of €1.90 ($2.1) per share, valuing the deal at more than €161 million ($182.83 million).
The group will retain a 12% interest in Saras and the corresponding membership in the board of directors, the company said on Tuesday.
The share sale was closed at a premium of over 38% to the initial purchase price, Rosneft added.
The
