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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gulf Investment Fund Plc | LSE:GIF | London | Ordinary Share | IM00B1Z40704 | ORD USD0.01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.34 | 2.30 | 2.38 | 2.38 | 2.38 | 2.38 | 15,978 | 16:35:07 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 17.27M | 16.46M | 0.4103 | 5.80 | 95.45M |
From May 2019 to May 2024
By Rory Gallivan
LONDON--Glencore PLC (GLEN.LN) on Friday said its consortium with the Qatar Investment Authority has agreed to sell a 14.2% stake in Russia's Rosneft Oil Co. (ROSN.MZ) to Chinese conglomerate CEFC China Energy Company Ltd.
Following the sale, Glencore will own 0.5% of Rosneft Oil and QIA will own 4.7%, Glencore said.
Glencore said the shares in Rosneft Oil will be sold at around 16% above their average share price over the past 30 days.
Shares at 1200 GMT, down 2.2 pence, or 0.6%, at 366.3 pence valuing the company at 53.11 billion pounds ($69.43 billion).
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
September 08, 2017 08:44 ET (12:44 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year Gulf Investment Chart |
1 Month Gulf Investment Chart |
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