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Aluminum Merger

March 02, 2006 | Bloomberg

Russian Aluminum would consider a merger with SUAL Group, the country's second-largest maker of the metal.

"Nothing is decided and nothing is excluded," RusAl deputy chief executive Alexander Livshits said Wednesday when asked about a possible merger with Sual.

Interfax last month said SUAL owner Viktor Vekselberg was seeking a strategic investor and might be interested in a merger with RusAl, citing Vekselberg.

The two companies are equal partners in a $1.2 billion project in the Far North, Interfax said.

Vekselberg controls SUAL through his Renova holding, which also owns about one-eighth of TNK-BP.

Company: SUAL

Full company nameopen joint stock company SUAL
Country of riskRussia
Country of registrationRussia
IndustryNon-ferrous metals

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