Rusal deals aroused minority interest // Sual Partners requests information on them

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Sual of Viktor Vekselberg and Partners, a major minority shareholder of Rusal, wants access to documents about the company’s potentially unprofitable transactions. We are talking about the failed project to build an aluminum plant in the United States and the purchase of a stake in RusHydro, the market value of which is now 9% lower than the purchase price. Sual has long been dissatisfied with Rusal’s dividend policy and tried to amend the company’s charter in 2022, but to no avail. Identification of problems with transactions, lawyers say, can give the minority shareholder new leverage.

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