Aluminum Investing News » Onexim raised stake in Rusal to 18.5%

Onexim raised stake in Rusal to 18.5%

March 23, 2009 @ 11:07 am In Aluminum Company News

Onexim Group, owned by Russian oligarch Mikhail Prokhorov, has increased its stake in United Co Rusal to 18.5% after turning $2 billion of the aluminium producer's debt to his company into equity.

For full story, click here ^[1]

Article printed from Aluminum Investing News: http://aluminuminvestingnews.com

URL to article: http://aluminuminvestingnews.com/221/onexim-raised-stake-in-rusal-to-185/

URLs in this post:

[1] here: http://www.metalbulletin.com/Article/2165472/NonFerrous/Rusal-turns-2bn-debt-to-Onexim-into-equity.html