December 22, 2014 / 1:30 PM / 5 years ago

Russia's Rosneft says trading deal with Morgan Stanley annulled

MOSCOW, Dec 22 (Reuters) - Russia’s top oil producer Rosneft said on Monday that the deal to acquire an oil trading business from Morgan Stanley has been terminated due to refusal from the United States’ regulators to clear it.

“Having invested substantial efforts in the deal, the parties regret that it could not be completed. Despite this, the parties continue to cooperate in other spheres,” Rosneft said.

Reporting by Vladimir Soldatkin and Katya Golubkova, editing by Thomas Grove

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