The extraordinary general meeting of YUKOS shareholders made decisions on the merger of YUKOS and Sibneft, a source in the company's press service reported. The decisions were made by absentee voting on May 27, 2003. YUKOS shareholders approved purchasing a 20-percent stake minus one share in Sibneft for $3bn and additionally up to 72 percent of Sibneft's shares in exchange for YUKOS shares. They also approved an increase in the company's share capital by placing another 1 billion shares and brought necessary changes into the company's articles of association.
As reported earlier, on April 22, YUKOS and Sibneft agreed on a merger. The new company will become the world's fourth largest oil company in the volume of oil production. The deal is expected to be completed before the end of 2003.
There are legitimate authorities in Donetsk and Luhansk republics now, with which Russia can implement the project of the economic integration of the Donbass
One hundred years ago today ended the most grueling of wars involving disgusting conditions for soldiers and at least 17 million deaths. We learnt nothing.
Russia has been developing an energy module on the basis of the megawatt-class nuclear power plant since 2010. The spaceship needs neither sunlight nor solar batteries