The shareholders of “SIBUR” has closed the sale of Sinopec 10% of the company

Moscow. December 17. The shareholders of “SIBUR” has closed the transaction of entering China’s Sinopec in the capital “SIBUR” as a strategic investor with 10% share, is spoken in the message of the Russian company.

Earlier governmental Commission on foreign investments approved the purchase by China’s Sinopec to 20% of actions “SIBUR”.

The head of FAS Igor Artemyev told that the first 10% will be purchased for $1,338 billion Price second 10% block, which can be purchased for three years, has not been established.