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Rosneft may consider privatisation deal at Wednesday board meeting-sources

Mon, 05th Dec 2016 17:42

MOSCOW, Dec 5 (Reuters) - Russian oil major Rosneft could consider a privatisation deal at a board meetingon Wednesday, a person close to the board and a second person inthe banking industry told Reuters on Monday.

Under a government decree, the sale of a 19.5 percent statestake in Rosneft is to be finalised by Dec. 5, with the statebudget receiving the funds by end-2016. The decree did notstipulate a buyer, but Rosneft is widely expected to buy thestake itself.

(Reporting by Darya Korsunskaya and Elena Fabrichnaya; Writingby Jack Stubbs; Editing by Adrian Croft)

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