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Russia sells stake in Rosneft to Glencore, Qatari fund for $11bn

Russia has sold 19.5% stake in state-controlled oil giant Rosneft to a consortium of Glencore and Qatar Investment Authority sovereign-wealth fund for €10.2bn ($11bn). As part of the deal, Glencore and Qatar's sovereign fund will equally own the 19.5% stake in Rosneft, which will be controlled by Russia with majority…

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