Russian Fund Bids for Three Petroplus Refineries, Reuters Says

Fund Energy, a company founded by Igor Yusufov, a former Russian energy minister and a member of OAO Gazprom’s board of directors, is bidding for three Petroplus Holdings AG’s refineries, Reuters reported.

The company is seeking to buy the Swiss refiner’s Cressier site in Switzerland, Coryton plant in the U.K. and Ingolstadt facility in Germany, according to Reuters, which cited an unidentified person familiar with the matter.

To contact the reporter on this story: Nidaa Bakhsh in London at nbakhsh@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.