Source: Onexim starts collecting bids for 2.5% in RUSAL - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Source: Onexim starts collecting bids for 2.5% in RUSAL

MOSCOW, Feb 13 (PRIME) -- Dimosenco Holdings, an affiliate of Russian billionaire Mikhail Prokhorov’s Onexim group, has started collecting bids for 2.5% in aluminum giant UC RUSAL at a price of U.S. $200 million, a banking source told PRIME on Monday.

The offer is in the form of accelerated bookbuilding, which indicates that Onexim may increase it, the source said.

According to RUSAL’s Web site, En+ owns 48.13% in the company, Onexim Group owns 17.02%, SUAL Partners have 15.80%, Amokenga Holdings – controlled by Swiss commodity trader Glencore – has 8.75%, the company’s management owns 0.25%, and 10.05% is free-float.

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13.02.2017 14:10