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Oil India consortium acquisition of minority stake in Rosneft

1/1/2019
Private acquisition
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Announced

1/1/2019

Overview:

  • Oil India and a consortium of India's other leading state-owned oil companies (ONGC Videsh, Indian Oil, Bharat PetroResources and Prize Petroleum) have announced the acquisition of a strategic minority stake from Rosneft, Russia's state-owned oil company.

Prin Shasiharan - Researcher

Jurisdictions:

India
Russia

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Oil and gas

Firm:
Morgan Lewis & Bockius

Party: Oil India (Acquirer)

Party: Indian Oil Corporation (Acquirer)

Party: ONGC Videsh (Acquirer)

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