Equities

Reuters exclusively reports Russia's Deripaska prepares to cede control of Rusal, En+

Reuters exclusively reports Russia's Deripaska prepares to cede control of Rusal, En+

Reuters exclusively revealed how Russian tycoon Oleg Deripaska is preparing to cede control of Rusal and its parent En+ as talks with the United States on lifting sanctions advance. The U.S. Treasury imposed sanctions on Deripaska, aluminum giant Rusal, En+ and other companies in which he owns stakes, prompting turmoil in global aluminum markets.


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