(Reuters) - State-controlled Rosneft, which has been widely tipped to take over the bulk of YUKOS's assets, paid 197.84 billion roubles for the first lot, 9.44 percent of its own shares, a 10 percent discount to the market price.
It plans to recycle the shares into the market, gaining new assets and increasing its own free float on the stock market.
Read more at Reuters.com Business News
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