Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Commodities  >  Silver       XAGUSD

SILVER
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysis 
News SummaryAll newsTweets

Glencore, Qatar Investment Authority to Sell Rosneft Oil Stake

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/08/2017 | 02:45pm CET

By Rory Gallivan

LONDON--Glencore PLC (>> Glencore) on Friday said its consortium with the Qatar Investment Authority has agreed to sell a 14.2% stake in Russia's Rosneft Oil Co. (>> NK Rosneft' PAO) to Chinese conglomerate CEFC China Energy Company Ltd.

Following the sale, Glencore will own 0.5% of Rosneft Oil and QIA will own 4.7%, Glencore said.

Glencore said the shares in Rosneft Oil will be sold at around 16% above their average share price over the past 30 days.

Shares at 1200 GMT, down 2.2 pence, or 0.6%, at 366.3 pence valuing the company at 53.11 billion pounds ($69.43 billion).

-Write to Rory Gallivan at [email protected]; Twitter: @RoryGallivan

Stocks mentioned in the article : Glencore, NK Rosneft' PAO
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SILVER
07:55a Rio Tinto Halts Shipments From Mongolia Mine After Tax, Border Disputes -FT
01/17 GLENCORE : Cameroon Sells 50% of Bolongo Block Stake to Perenco Cameroon -SNH
01/15 Rio Tinto Records Record Quarterly Iron-Ore Shipments
01/15 Investors see few silver linings in Carillion collapse
01/15 Investors see few silver linings in Carillion collapse
01/12 Indonesia Inalum Receives Mandate to Buy Freeport Stake
01/11 Rio Tinto Drops out of Bidding for Chilean Lithium Producer -Bloomberg
01/10 Rio Tinto Receives $500 Million Offer for Smelter in France
01/10 Rio Tinto PLC Rio Tinto receives a binding offer for Dunkerque
01/02 GLENCORE : Agrees to Sell Australian Coal Mine to GFG Alliance -- Update
More news
Chart SILVER
Duration : Period :
Silver Technical Analysis Chart | XAGUSD | 4-Traders
Technical analysis trends SILVER
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral