November 21, 2019 / 3:01 PM / 16 days ago

Russia's Gazprom receives bids worth 237.7 billion rubles in share offering

FILE PHOTO: The logo of Russian gas giant Gazprom is seen on a board at the St. Petersburg International Economic Forum (SPIEF), Russia, June 6, 2019. REUTERS/Maxim Shemetov/File Photo

MOSCOW (Reuters) - Russian gas giant Gazprom received 479 bids worth a total of 237.7 billion rubles ($3.73 billion) in a secondary share offering, it said on Thursday.

The stake being sold is worth about 211 billion rubles based on Wednesday’s market close of 248 rubles per share.

Reporting by Andrey Ostroukh; Writing by Vladimir Soldatkin; Editing by David Goodman

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