In late 2004, Conoco Phillips (Conoco) announced the purchase of 7.6 percent of Lukoil's (a largely government owned Russian oil and gas company) stock for $2.36 billion during a government auction of Lukoil's stock. Conoco will have one seat on Lukoil's board. As a minority investor, how could Conoco protect its interests?

Question

Quizplus · Accepted Answer

The Answer of In late 2004, Conoco Phillips (Conoco) announced the purchase of 7.6 percent of Lukoil's (a largely government owned Russian oil and gas company) stock for $2.36 billion during a government auction of Lukoil's stock. Conoco will have one seat on Lukoil's board. As a minority investor, how could Conoco protect its interests?

In Late 2004, Conoco Phillips (Conoco) Announced the Purchase of 7.6