Russian Federal Antitrust Service (FAS) received a petition by the American company Halliburton to purchase 100% oilfield services and engineering group “Novomet”, reports TASS. The US based Corporation has informed FAS of the submission of the necessary documents at the end of December 2016.
In July 2016, the main shareholder of “Novomet” — the state company “RUSNANO” announced the sale of its share of 30.76%. The minimum price for the package was set at RUB 7.5 billion with minority shareholders being Baring Vostok and Russia Partners funds. The company is engaged in production of equipment for oil production.
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