The "deal of the year” :Romanian businessman Dinu Patriciu sells 75% of Rompetrol to Kazakh company KazMunayGaz

Romanian businessman Dinu Patriciu has sold a 75% stake in the Dutch-based Rompetrol Holding company to Kazakh company KazMunayGaz. The market value of the Rompetrol group was set at 3.616 billion USD, placing the value of the transaction at 2.712 billion USD.Patriciu will be chairman of the board of the company. Rompetrol will be managed jointly by the two shareholders but the Kazakh firm will name the majority of the Rompetrol board members.The contract was signed in Alma Ata on August 24, ...

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