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Rosneft Had Set its Shares Price

Russian state oil company Rosneft said Monday it had set the price for common shares

Rosneft Had Set its Shares Price

Russian state oil company Rosneft said Monday it had set the price for common shares and GDRs at $5.85-$7.85 per share ahead of its mid-July initial public offering.

The minimum bid to buy shares in the state-run crude producer in the IPO has been set at 15,000 rubles ($555), the company said in a statement.

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