Russian oligarchs are the most likely potential buyers of the stakes in some of the country's largest companies that President Vladimir Putin wants to sell. The Kremlin says foreign investors were welcome to participate in the privatisation, which has been driven by an economic crisis brought on by low oil prices. Russian's well-connected magnates may have to be cajoled into investing at a critical juncture for the economy, but could in the long term end up with valuable assets at bargain prices, leaving the Kremlin open to accusations of sweetheart deals.
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