Monday, June 27, 2016

Russian Tycoon Parlays a Smart Hedge Into an Empire

Mikhail Gutseriev won big when he locked in high oil prices with a smart hedge and now hopes to expand his budding business empire with an initial public offering of his Russneft, Russia’s seventh-largest oil firm.

from WSJ.com: US Business http://ift.tt/2901Bkg
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