Rosneft agreed to sell 9% stake in Saras at rate of 162.4 million euros

Moscow. October 20. Rosneft JV Projects S. A. (Luxembourg), an indirect subsidiary of Rosneft, agreed to sell to institutional investors 85 million 481 thousand 816 ordinary shares in Italian Saras S. p.A. which is about to 8.99% of its share capital, at a price of 1.9 Euro per 1 share through accelerated deals with the formation of the bid book, the report said Russian oil companies.