Logo
  Thursday, March 4, 2021
Sign-In  |  Sign-Up  |  Contact Us  |  Bookmark 

Russia's anti-monopoly watchdog said on Thursday it had allowed aluminum giant
Russia's anti-monopoly watchdog said on Thursday it had allowed aluminum giant UC RusAl to buy a stake of 29% plus 1 voting share in Norilsk Nickel.

RusAl filed a bid to buy the stake in the world's largest nickel producer on December 19, 2007.

The banks ABN AMRO, BNP Paribas, Credit Suisse and Merrill Lynch launched on Wednesday syndication of a $4.5 billion loan for RusAl so that the aluminum giant could buy 25% plus 1 voting share from billionaire Mikhail Prokhorov's Onexim Group.

Prokhorov and his former business partner Mikhail Potanin, the two major owners of Norilsk Nickel, are currently dividing the business. Prokhorov holds a 28.2% in the company, and Potanin owns another 25.3%. Each of the two businessmen owns 4% in the company through KM Invest.


Print Russia's anti-monopoly watchdog said on Thursday it had allowed aluminum giant Bookmark Russia's anti-monopoly watchdog said on Thursday it had allowed aluminum giant

Related News   
JanFebruary 2008Mar
MoTuWeThFrSaSu
28293031123
45678910
11121314151617
18192021222324
252627282912
3456789