MOSCOW (Reuters) - Russian Prime Minister Dmitry Medvedev has signed an order selling a controlling stake in oil firm Bashneft (MM:BANE) to Rosneft (MM:ROSN), Russian news agencies quoted him as saying on Monday.
The order envisages Rosneft paying 329.69 billion roubles ($5.30 billion) for the 50.0755-percent Bashneft stake before Oct. 14, Interfax quoted Medvedev as saying at a meeting with his deputies.