June 22, 2017 / 3:53 PM / a month ago

Russia's Sistema proposes out-of-court settlement in Rosneft dispute

1 Min Read

MOSCOW, June 22 (Reuters) - Russian business conglomerate Sistema has proposed an out-of-court settlement with oil major Rosneft, a company spokesman said on Thursday.

Rosneft is suing Sistema for 170.6 billion roubles ($2.85 billion) in damages over the purchase of oil producer Bashneft . Rosneft was not immediately available for comment. ($1 = 59.8000 roubles) (Reporting by Oksana Kobzeva; Writing by Jack Stubbs; Editing by Adrian Croft)

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