Russia's RUSAL company, the world's third largest aluminium producer, is about to consider merging with aluminium firm SUAL, RUSAL's CEO Alexander Bulygin said on Thursday.
However, he said that no merger talks were taking place at present "but we would never turn down such a possibility?, Vedomosti business daily quoted the chief executive.
Bulygin said RUSAL sees mergers and acquisitions as an important source of further growth as it has an ambitious goal of becoming the world's No.1 aluminium producer.
He said, "SUAL is interesting to us as any other aluminium company, the size of which would allow our shareholders to keep control in a joint company after a merger with RUSAL?.
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Two Metal Giants of Russia To Merge
Russia's RUSAL company, the world's third largest aluminium producer, is about to consider merging
