NewsPrimary ALTwo RUSAL partners seek to sell out-paper
26 AUGUST 2011yahoo finance

Two RUSAL partners seek to sell out-paper

Edited by : AL CIRCLE
1 min read
Two RUSAL partners seek to sell out-paper
Two partners in the world's top aluminium producer, UC RUSAL , want to sell their stake to a third tycoon, Alisher Usmanov, owner of an iron ore miner and shareholder in Norilsk Nickel , Vedomosti reported on Friday.

Viktor Vekselberg and Len Blavatnik, who merged their aluminium assets with RUSAL about five years ago, have offered the stake to Usmanov, the daily reported, citing three sources.

A source close to Usmanov was cited as saying the offer had only been made, while sources close to the sellers said Usmanov was close to agreeing.

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