Glencore completes sale of Rosneft stake to Qatar
Date: Sep 10, 2018
Global diversified miner Glencore has completed the sale of its 14.16% stake in Russian integrated energy company Rosneft to a wholly-owned subsidiary of Qatar Investment Fund (QIA) for €3.7-billion.
Glencore now holds a direct equity stake in Rosneft of 0.57% and QIA holds a direct equity stake in Rosneft of 18.93%.
