Unable to repatriate earnings, Rosneft looks for an exit from Nayara Energy

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Unable to repatriate earnings, Rosneft looks for an exit from Nayara Energy - Business Standard

Quick Summary:

Reliance Industries, Adani Group, and JSW Group may be among potential buyers of Rosneft's 49.

While talks around Rosneft’s exit from Nayara Energy remain ongoing, the deal’s scale and complexity make its outcome uncertain.

The company has offered to buy back 25.9 million outstanding shares from minority shareholders at ₹731 per share, providing an exit route for retail investors who have held shares since its voluntary delisting in 2016.