DJ Sual Partners Mulls Sale Of 15.8% Stake In United Co. Rusal PLC - Report

Monday, Feb 28, 2011
点击:

An owner of a 15.8% stake in United Co. Rusal (0486.HK), Sual Partners, is considering selling the stake, Vedomosti daily reported Monday, citing unnamed sources.


However, the paper states that "the deal, if it ever materializes, is very far away."


According to the agreement between Rusal and its shareholders, billionaire Oleg Deripaska's En+, which owns 47.4% in the aluminum giant, has a preemptive right to buy the stake. In case En+ refuses, Sual may sell the stake on the market, but in small portions.


Sual is owned by billionaires Viktor Vekselberg and Len Blavatnik, who, together with another Rusal shareholder, Mikhail Prokhorov, support the sale of a 25% stake in mining company OAO Norilsk Nickel (GMKN.RS), which Rusal owns.

Recommended exhibitions

16TH ARAB INTERNATIONAL ALUMINIUM CONFERENCE
  ARABAL, which is being organized and hosted by Qatalum, is the premier trade event for the Middle East's aluminium i......
Aluminium 2012
  ALUMINIUM is the leading B2B platform in the world for the aluminium industry and its main applications. This is whe......
The 4th edition of Zak Aluminum Extrusions Expo
 Date

  14th - 16th December 2012

  Venue

  Pragati Maidan,

  New Delhi,India.

  Exhibition Timings

 ......
ALUMINIUM DUBAI 2011
Name:ALUMINIUM DUBAI 2011
Time:2011-5-9 to 2011-5-11
Place:Dubai International Convention & Exhibition Centre, Dubai, UAE......