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Article: Gazprom buying Sibneft at fair price - analysts.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- September 28, 2005
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Gazprom buying Sibneft at fair price - analysts
MOSCOW. Sept 28 (Interfax) - Analysts said the $13.091 billion that Gazprom had agreed to pay for 72.7% of Sibneft was a fair price.
Yelena Savich of Renaissance Capital told Interfax that Gazprom would pay $3.8 per share. She said Sibneft was trading at $3.7 a share right now. "Our fair price is $4 a share assuming no change of ...