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. Last Updated: 07/27/2016

Sidanko Spat May End




MOSCOW -- A dispute between Russian oil company Sidanko and minority foreign shareholders has generally been sorted out, a minority shareholder said Wednesday.


Bill Browder, managing director of Hermitage Capital, said foreign shareholders would be allowed to participate in a bond convertible into Sidanko shares.


"That is the general idea," Browder said, when asked about the bond. "But we have to make sure the details support the general intention."