Source: the government agreed on the privatization of 19.5% of the state stake in Rosneft
The Cabinet of Ministers agreed on the privatization of a 19.5% stake in Rosneft, reports , citing sources familiar with the situation. RIA Novosti According to the agency, the price will not be lower than IPO 2006 per share. “The government approved the privatization of Rosneft, the price should not be lower than the “people's IPO” in 2006,” said a source in the industry. The 2006 "People's IPO" offered 1.4 billion shares for a total of $10.7 billion.