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8 months ago
BRIEF-Russia's Sistema sells oil services firm Targin to Rosneft
December 28, 2016 / 7:13 AM / 8 months ago

BRIEF-Russia's Sistema sells oil services firm Targin to Rosneft

Dec 28 (Reuters) - Russia's Sistema says:

* Announces the sale of oil services firm Targin to Russia's Rosneft for up to 4.1 billion roubles ($68 million), with the possibility of revising the sale price following the completion of due diligence;

* Russia's largest oil producer Rosneft, which is seeking to expand its oil servicing business, announced the deal on Monday. Source text for Eikon: Further company coverage: ($1 = 60.6250 roubles) (Reporting by Moscow Newsroom)

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