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Sibneft stake price fair - Deutsche Bank

MOSCOW, October 26 (RIA Novosti) - Deutsche Bank has deemed fair the price at which Russian natural gas monopoly Gazprom bought a 76.6% stake in the oil company Sibneft, Gazprom said in a press release Wednesday.

The press release was issued after Gazprom received an expert report from Deutsche Bank's London branch on last Friday's purchase of the Sibneft stake by the natural gas giant's Gazprom-Finance BV subsidiary. The asset was bought for $13.079 billion from Millhouse Capital, the investment vehicle of Chelsea soccer club owner Roman Abramovich.

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