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OAOFY Pjsc Tatneft (CE)

9.55
0.00 (0.00%)
24 Jun 2024 - Closed
Delayed by 15 minutes
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

Tatneft to Buy EkoPet for $89.2 Million

09/06/2021 3:15pm

Dow Jones News


Pjsc Tatneft (CE) (USOTC:OAOFY)
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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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