Russia Said to Hire U.S. Lawyers for Rosneft Sale

  • Kremlin seeks $7.5 billion from Rosneft share sale for budget
  • U.S. and EU sanctions are blocking Russia's Eurobond sale

Russia has picked a top American legal firm to advise it on how to conduct the sale of some $7.5 billion of shares in the country’s biggest oil producer, Rosneft OJSC, which is under U.S. and European sanctions, two people with knowledge of the matter said.

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