Russian businessman Prokhorov sells 6 pct Rusal stake to Vekselberg

By Reuters / February 19, 2018 / www.kitco.com / Article Link

MOSCOW, Feb 19 (Reuters) - Russian businessman Mikhail Prokhorov has agreed to sell a 6 percent stake in Russian aluminium giant Rusal to a consortium of investors led by billionaire Viktor Vekselberg and his partners, the consortium said on Monday.

After the deal, Vekselberg and his partners will hold 26.5 percent of Rusal, the consortium said.

(Reporting by Polina Devitt; editing by Adrian Croft)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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