By Agustino Fontevecchia, Forbes Staff
Hess announced on Monday it is selling its Russian subsidiary Samara-Nafta to Lukoil, expecting to pocket $1.8 billion from the transaction. The sale is at the center of several interesting narratives including hedge fund billionaire Paul Singer‘s activism in an attempt to break up the company, and implications of Hess being complicit with Russian mob organization Indeitsy, a story broken by Forbes last year. …read more
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