Rosneft in early talks with Reliance to sell stake in Nayara Energy - Report
Sunday, 29 June 2025 ()
Rosneft has initiated discussions with Reliance Industries for the potential sale of its 49.13% stake in Nayara Energy, a move that could significantly consolidate India's oil refining and fuel retail sector. Valuation remains a key obstacle, with Rosneft seeking around $17 billion.
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