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3 Aug, 2006 05:54

Anonymous investor bids for bankrupt Yukos

Anonymous investor bids for bankrupt Yukos

Bankruptcy declared, Yukos oil firm liquidator Eduard Rebgun said talks were underway between the former chairman and an anonymous investor seeking to buy the company and pay off its debts.

Rebgun told a Moscow radio station that negotiations were continuing. Analysts doubt a deal and expect Yukos to be carved up. The one-time giant will appeal against the court’s decision.

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