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CEFC China Energy
CEFC China Energy News
Chinese conglomerate CEFC
09 Sep 2017
China invests $9.1 billion in Rosneft as Glencore, Qatar cut stakes
Glencore said in a statement that CEFC will buy shares at a premium of around 16 percent to the 30-day volume weighted average price of Rosneft shares without naming the price. A CEFC spokesman said the company would pay $9.1 billion.
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