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Lukoil May Sell Some Conoco-held Shares In Offering - Interfax

Lukoil May Sell Some Conoco-held Shares In Offering - Interfax
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Τρι, 26 Οκτωβρίου 2010 - 19:02
Russia oil company OAO Lukoil Holdings (LKOH.RS) may sell some of its shares held by ConocoPhillips (COP) in a secondary share offering, Interfax reports Tuesday, citing comments from Chief Executive Vagit Alekperov.
Russia oil company OAO Lukoil Holdings (LKOH.RS) may sell some of its shares held by ConocoPhillips (COP) in a secondary share offering, Interfax reports Tuesday, citing comments from Chief Executive Vagit Alekperov.

Alekperov, who is a major Lukoil shareholder, also said the company plans to raise $1 billion with a Eurobond and that investments will top $10 billion a year, according to the newswire.

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