3 Feb 2014 18:42
Bashneft shareholders approve reorganization to eliminate cross holdings
MOSCOW. Feb 3 (Interfax) - Shareholders in Bashneft approved reorganization of the oil company via consolidation of CJSC Bashneft-Invest, a company that was spun off from CJSC Sistema-Invest, Bashneft said in a statement.
The merger will eliminate Sistema-Invest's cross holdings in the company.
