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Yukos & Sibneft Put Merger on Hold, CNNfn.
Publication: Finance Wire Publication Date: 28-NOV-03 |
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COPYRIGHT 2003 FDCH e-media
Original Source: STREET SWEEP
CHRISTINE ROMANS, CNNfn ANCHOR, STREET SWEEP: A major Russian oil merger has been put on old. Yukos and Sibneft have suspended a deal that would have created the world`s fourth largest oil company. Moscow bureau chief Jill Dougherty has that story.
JILL DOUGHERTY, CNN MOSCOW BUREAU CHIEF: Well we know definitely that the deal is on hold and we know that because there is this statement that was issued by Sibneft Oil Company, saying that the deal is by mutual agreement reached by...
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