China's CEFC paid out compensation after Rosneft stake deal fell through | Reuters:
CEFC paid almost 225 million euros ($257 million) in compensation to a consortium of Qatar Investment Authority and Glencore (GLEN.L) after the Chinese firm’s deal to buy a stake in Russian oil firm Rosneft fell through, a document showed.
The chief executive of Rosneft (ROSN.MM), Igor Sechin, said in September 2017 that CEFC had signed a deal to buy 14.2 percent of Rosneft from Qatar and Glencore.
The deal was not completed and the circumstances under which it fell through remain unclear.
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