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(AFP)February 22, 2007 -- The assets of Russia's Yukos oil company will be sold at an auction on March 27.
(AFP)
February 22, 2007
Officials say the starting price for Yukos's 9.44 percent stake in state-controlled oil company Rosneft will be $7.3 billion -- or about 20 percent of its market value.
Yukos was Russia's largest oil producer until founder and CEO Mikhail Khodorkovsky was arrested on fraud charges in 2003.
(AP, AFP)
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