Rosneft submits draft Bashneft buyout offer to regulator

Rosneft has sent a draft mandatory offer to the central bank to buy the shares it does not already own in oil firm Bashneft, the Russian energy company said in a regulatory statement released late on Friday.

State-controlled Rosneft is seeking government approval to buy up to 100 percent of Bashneft after acquiring a controlling stake this month for 330 billion roubles.

The company will spend no more than 206 billion roubles ($3.27 billion) on the buyout of 55.5 million ordinary shares in Bashneft, it said in a separate statement.

($1 = 62.9205 roubles)

(Reporting by Polina Devitt and Vladimir Soldatkin; editing by Maria Kiselyova and Jason Nee