MOSCOW, July 11 (Reuters) - Italian bank Intesa Sanpaolo, which is consulting on Rosneft's privatisation, isproposing to sell the stake in Rosneft to a strategic investor,head of Russia's state property management agency DmitryPristanskov told reporters on Monday.
Moscow included a planned reduction in its stake in Rosneft,the world's top listed oil producer by volume, to 50 percentfrom 69.5 percent, in its privatisation plan for 2016. The saleis expected to bring around 650 billion roubles ($10.12billion) to the budget.
($1 = 64.1999 roubles) (Reporting by Darya Korsunskaya, Olga Popova and Polina Devitt;writing by Denis Pinchuk, editing by Katya Golubkova)