(MENAFN) Russia's top oil producer Rosneft, commodities trader Trafigura as well as United Capital Partners (UCP) Investment Company have recently finalized new pact to buy India's second-largest private refiner Essar Oil Limited (EOL).
EOL posted that a total of 98.26% stake in EOL has been sold for USD12.9 billion.
On the other hand, the Russian firm added that it has dominated at least a 49.13% stake in the Indian firm, saying that the Trafigura-UCP consortium has bought an equal stake.
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