situation report

Russia: Oligarch Agrees to Cut Stake in Rusal to Free Company of U.S. Sanctions

Apr 27, 2018 | 16:26 GMT

In an effort to free the company from U.S. sanctions, Russian oligarch Oleg Deripaska has agreed to effectively relinquish control of Russian aluminum company Rusal by reducing his stake in its parent company, EN+ Group, to below fifty percent, Financial Times reported April 27...

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