Yukos, Sibneft complete merger, creating world’s 4th largest oil producer
Mara D. Bellaby Associated Press Writer
Russian oil giant Yukos announced the completion Oct. 3 of its merger with smaller rival Sibneft, creating the world’s fourth-largest oil producer.
The newly formed YukosSibneft becomes Russia’s largest oil and gas group with a market capitalization estimated at some US$36 billion.
The merger, the....
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