AFK Sistema PAO (SSAq.L)
* Default triggered by asset freeze as part of Rosneft lawsuit
July 17 Russian business conglomerate Sistema says:
UFA, Russia A court in the Russian region of Bashkortostan ruled on Wednesday to adjourn until July 19 hearings on a damages claim filed by Russia's largest oil producer Rosneft against business conglomerate Sistema.
UFA, Russia, July 12 A court in the Russian region of Bashkortostan ruled on Wednesday to adjourn until July 19 hearings on a damages claim filed by Russia's largest oil producer Rosneft against business conglomerate Sistema .
MOSCOW, July 4 Russia's largest oil producer Rosneft signalled on Tuesday it was ready for an out of court settlement of its legal row with business conglomerate Sistema but stressed the dispute must be solved on Rosneft's terms.
MOSCOW, June 30 Russian business conglomerate Sistema does not see any point in selling its assets because of a legal dispute with oil producer Rosneft , RIA news agency quoted Sistema's chief executive as saying on Friday.
(The following statement was released by the rating agency) MOSCOW/LONDON, June 28 (Fitch) Fitch Ratings has placed Sistema Public Joint Stock Financial Corporation (Sistema) and PJSC Mobile TeleSystems (MTS) on Rating Watch Negative following a Russian court injunction to freeze significant Sistema assets including its 31.76% stake in MTS, in relation to claims filed by Rosneft against Sistema. A full list of rating actions is at the end of this commentary. Rosneft filed claims against Sistema
MOSCOW A Russian court said on Tuesday it had frozen more than $3 billion of Sistema's assets as it began hearing oil producer Rosneft's lawsuit against the business conglomerate.
* Court to resume hearing on July 12 (Releads, adds value of frozen assets, date of next court hearing)
MOSCOW, June 27 The Arbitration Court of Bashkortostan will continue hearing Russian oil producer Rosneft's lawsuit against business conglomerate Sistema on July 12, RIA news agency reported on Tuesday.