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BRIEF-Russia's Tatneft sells share in Nizhnekamskneftekhim to TAIF PSC
December 21, 2016 / 12:13 PM / in 7 months

BRIEF-Russia's Tatneft sells share in Nizhnekamskneftekhim to TAIF PSC

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Dec 21 (Reuters) - Russia's Tatneft :

* Says agreed to sell its shares in PJSC Nizhnekamskneftekhim (402,813,999 ordinary shares) to TAIF PSC;

* Says value of transaction is approximately 32 billion roubles ($524.51 million);

* Says parties intend to complete settlements and close the transaction by the end of 2016. Further company coverage: ($1 = 61.0090 roubles) (Reporting by Moscow Newsroom)

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