Rosneft consortium plans to close Essar acquisition next month

Rosneft consortium plans to close Essar acquisition next month

A logo of Russian state oil firm Rosneft is seen at its office in Moscow October 18, 2012. REUTERS/Maxim Shemetov/Files

A consortium led by Russian oil major Rosneft plans to finally complete its $12.9 billion acquisition of India’s Essar Oil next month, two Russian sources close to the deal told Reuters.

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