Yukos unit sold for $9.3 billion -- report
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BaikalFinansGroup won the auction for Yuganskneftegaz on Sunday, agreeing to pay $9.3 billion for the main production unit of Yukos, Russia&#39;s largest oil producer, according to published reports.
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Russia said on Friday it would go ahead  and sell Yuganskneftegaz, the main oil production unit of  YUKOS, despite a U.S. bankruptcy court order which seeks to  halt Sunday's auction for at least 10 days.
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MOSCOW  - The Russian Justice Ministry announced Tuesday that the Yukos oil company's main production subsidiary, Yuganskneftegaz, had been evaluated at &#36;10.4 billion US and the ministry will sell off part of its assets, the Interfax news agency reported.
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Description: Yukos Oil&#39;s main asset is sold at auction to a little-known firm, the Baikal Finance Group. A US State Department spokesman says the Russian company&#39;s breakup has &quot;eroded Russia&#39;s reputation as
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An independent assessor valued Yukos&#39; main production unit at $14.7 billion to $17.3 billion on Thursday, the same day a news agency reported that a controlling stake in the business could be sold for just over $4 billion.
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RBC, 27.09.2004, Moscow 15:49:32.YUKOS&#39;s assets should be sold for about $15bn, Ivan Materov, Deputy Minister for Industry and Energy of the Russian Federation, said at an economic conference &quot;Russia: investments in the economy of growth&quot;.
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The main production unit and jewel in the crown of Yukos, the beleaguered Russian oil group, was bought by a mystery shell company yesterday for a fraction of its real value, in
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President Vladimir Putin affirmed the legality of the $9.3 billion sale of the crown jewel of the Yukos oil empire to a mysterious company, suggesting the new owners could eventually link up with another Russian energy company or a Chinese conglomerate.
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A planned sale of Russian energy giant Yukos&#39; main asset has become clouded by confusion over the price, the participants and the legality of the sale.
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The Russian government plans to sell a majority stake in the main production unit of oil giant OAO Yukos at an auction on December 19.
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Russia has sold the heart of the Yukos empire in an auction reminiscent of the country&#39;s notorious privatizations of the 1990s, analysts said Monday, as the former CEO of the oil company offered bitter season&#39;s greetings to the Kremlin from
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A mysterious investment group formed just last month bought a majority stake in the core production unit of the Russian oil giant Yukos Oil Co. for $9.3 billion Sunday at a Moscow auction.
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Russia oil company YUKOS assets may be sold partially by the Russian Justice Ministry in order to cover its outstanding tax bill. The selling-off will probably touch YUKOS main oil subsidiary Yuganskneftegaz.
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the oil giant&#39;s most important production unit - was sold at an auction last Sunday to an obscure company called BaikalFinansGroup for $9.3 billion
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Talk intensifies that oil company will sell its key Siberian unit for low price to pay back taxes. MOSCOW  - Shares of Russian oil company Yukos fell Monday as fears intensified that the firm&#39;s key
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YUKOS and its investors were left  guessing as to Russia's next move Monday after its main oil  production unit was sold off to Baikal Finance Group, a mystery  firm registered in a provincial city.
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A bitter battle over collapsing Russian oil major Yukos reached its nadir as its most profitable production unit, Yuganskneftegaz, was sold in a bizarre forced auction on Sunday.