Baker & McKenzie and Freshfields Bruckhaus Deringer have landed the mandates on a major Russian energy deal which sees Novatek and Gazprom Neft jointly acquire a 60 per cent stake in Artic Russia for $2.94bn (£1.8bn).
January 21, 2014 at 07:20 AM
1 minute read
The original version of this story was published on Legalweek
Baker & McKenzie and Freshfields Bruckhaus Deringer have landed the mandates on a major Russian energy deal which sees Novatek and Gazprom Neft jointly acquire a 60 per cent stake in Artic Russia for $2.94bn (£1.8bn).
Freshfields is acting for Italian client Eni, which previously owned the Artic Russia stake, while Bakers took the lead for Yamal Development, the 50-50 joint venture (JV) between Novatek and Gazprom Neft.
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