The disaster for Putin's friend the king of aluminum hides from the stock market

The disaster for Putin's friend the king of aluminum hides from the stock market

The shares of Russian businessman Oleg Deripaska will be withdrawn from the stock market, reportedly according to world media. The US Treasury imposed sanctions on the seven Russian oligarchs and 12 companies owned by them or under their control, with the reasoning that they benefit from the Russian state's <x0 low-activity”). A group [...]

The US Treasury imposed sanctions on the seven Russian oligarchs and 12 companies owned by them or under their control, with the reasoning that they benefit from the Russian state's <x0 low-activity”).

A group of Russian businessmen include, among other things, Oleg Deripaska and Rusal, whose shares are listed in Hong Kong and his group En% 2Bgroup, reports “b92”, Periscopi broadcast.

The Rusal shares, one of the largest aluminum producers, will be erased from global indexes and a ban on trading with its metal on the London Stock Exchange (LME) and CME group will be announced.

Thus, FTSE announced the elimination of Rusal and En group from their index to market opening starting today. Media reports this morning that the price of Russian pump companies En Gupe and Swiss Sulzer will no longer appear.

Oleg Deripaska is one of the richest Russians, close to President Vladimir Putin.

Oleg Depirskaya was born in 1968 in the small town of Derzyska, southern Russia. He studied in Moscow, where he graduated from physics (1993) and economy (1996). Meanwhile, he worked for the Sayanogorsk Aluminium Smel, where he served as Director General from 1994 to 1997. Deripaska managed to take a large part of the company during privatisation. /Periscopi/

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