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Wednesday, 25 January 2017

Putin sees success for Glencore, Qatar, Intesa in Russia post-Rosneft deal | Reuters

Putin sees success for Glencore, Qatar, Intesa in Russia post-Rosneft deal | Reuters:

"President Vladimir Putin told trading giant Glencore (GLEN.L), Qatar's sovereign wealth fund, and Italian bank Intesa (ISP.MI) their businesses in Russia would be successful after they took part in the privatisation of a stake in Rosneft (ROSN.MM).

"I want to thank you for your trust, for your decision, want to express confidence that your business in Russia will be developing and developing successfully," Putin told a meeting with the heads of the companies.

The meeting was also attended by Igor Sechin, chief executive of Rosneft, in which the state sold a 19.5 percent stake last month to the consortium of Glencore and the Qatar Investment Authority."



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