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Yukos Initiates Sibneft Shareholders Meeting

Yukos has initiated a Sibneft extraordinary shareholders meeting for March 28. If it takes place, Yukos will be able to manage Roman Abramovich's Sibneft.

Experts do not know if Yukos will amend the Sibneft charter and put its managers on the board.

The meeting may become another episode in the companies' corporate war.

If Yukos representatives are elected to the Sibneft board, they are certain to appoint a new president. Another agenda issue is the liquidation of the Sibneft executive board.

(NewsBase 29.iii.04)

 
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