Deripaska will get 75 percent in the united company, while Vekselberg will confine to 25 percent. For Deripaska, it will be implementing the dream of turning Rusal into the global leader, while Vekselberg will release funds for chemistry, energy and utilities projects and for boosting the asset split with Leonard Blavatnik, owner of Access Industries.
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Biggest Aluminum Company to be Created in Russia
That merger will create the world's biggest maker of primary aluminum
Two Russia's aluminum giants, SUAL and Rusal, are going to merge.
SUAL's co-owner Viktor Vekselberg and Rusal owner Oleg Deripaska are reported to to have agreed about the merger.
That merger will create the world's biggest maker of primary aluminum with the 100 percent share in Russia.
Deripaska will get 75 percent in the united company, while Vekselberg will confine to 25 percent. For Deripaska, it will be implementing the dream of turning Rusal into the global leader, while Vekselberg will release funds for chemistry, energy and utilities projects and for boosting the asset split with Leonard Blavatnik, owner of Access Industries.
Deripaska will get 75 percent in the united company, while Vekselberg will confine to 25 percent. For Deripaska, it will be implementing the dream of turning Rusal into the global leader, while Vekselberg will release funds for chemistry, energy and utilities projects and for boosting the asset split with Leonard Blavatnik, owner of Access Industries.
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