Russian court approves nearly $2-billion settlement between Sistema, Rosneft

A Russian court has approved a settlement between local conglomerate Sistema PJSC FC and Rosneft Oil Co. PJSC, under which Sistema agreed to pay Rosneft's subsidiary oil and gas firm Bashneft PJSC 100 billion rubles ($1.7 billion) by March 30, 2018.

from Business Insurance http://ift.tt/2pJnAHz