Russian Bashneft Offers to Buy 47.55% of Bashkirenergo

Summary


MANAVIGATOR-April 12, 2010-Russian Bashneft offers to buy 47.55% of Bashkirenergo (C)2010 M2 COMMUNICATIONS http://www.m2.com

Russian oil company Bashneft (RTC:BANE) said in a statement on Monday it had made a mandatory offer to acquire 47.55% in local power and heating utility Bashkirenergo (RTC:BEGY).

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Russian Bashneft Offers to Buy 47.55% of Bashkirenergo

Bashneft is looking to take 5...

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