RUSAL buys 4.34% in RusHydro from VSMPO-Avisma fot 17.4 bln rbl

MOSCOW, Jun 21 (PRIME) -- Russian aluminum producer UC RUSAL has acquired a 4.34% stake in hydropower giant RusHydro from Avitrans, a subsidiary of titanium producer VSMPO-Avisma, for 17.403 billion rubles, as seen by PRIME in materials of RUSAL late on June 18.

Previously, RUSAL’s stake in RusHydro amounted to 5.013%, but the company cut its stake to 4.954% in March 2021.

(72.2216 rubles – U.S. $1)

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