Report: Billionaire Leonid Blavatnik sales stake in RUSAL

MOSCOW, May 19 (PRIME) -- Billionaire Leonid Blavatnik has sold his stake in Russian aluminum giant YCRUSAL, Bloomberg reported on Friday citing sources.

Blavatnik sold the shares in the second half of last year, according to people familiar with the sale who declined to comment on the buyer or other details of the transaction. His interest in RUSAL amounted to about 1.2 billion shares, which had a market value of about U.S. $610 million at the end of 2022.

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