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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Pjsc Tatneft (CE) | USOTC:OAOFY | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.55 | 0.00 | 01:00:00 |
By Adria Calatayud
Tatneft PJSC said Wednesday that it has won a tender for the sale of Russia's EkoPet, with a bid for 6.45 billion Russian rubles ($89.2 million).
Tatneft, a Russian oil-and-gas company, said EkoPet is the largest producer and supplier of polyethylene terephthalate, or PET, in Russia and will help it to implement plans for the development of its petrochemical business and will contribute to the accomplishment of its goals to reduce greenhouse gas emissions.
The acquisition is subject to legal documentation which is expected to be completed in the next few weeks, Tatneft said.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
June 09, 2021 10:07 ET (14:07 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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