MOSCOW – Russia’s sovereign wealth fund wants to increase its stake in Russian oil pipeline monopoly Transneft and is separately proposing a share swap, the head of the Russian Direct Investment Fund told Reuters.
Reuters: Russia wealth fund targets bigger Transneft stake, proposes share swap
A logo of the Russian Transneft oil transporting joint stock company is pictured at the entrance of the management company in Moscow, on Jan. 8, 2006.
