Zonoville Investments Limited Announces Agreement on Acquisition of RUSAL Shares
MOSCOW–(BUSINESS WIRE)–Zonoville Investments Limited, a consortium of investors led by Renova
Group and Access Industries, announced today that it had reached an
agreement with Onexim Group to purchase its 6% stake in the United
Company RUSAL Plc.
Following completion of the purchase, Zonoville Investments Limited and
its associate SUAL Partners Limited will hold, in aggregate,
approximately a 26.5% interest in United Company RUSAL Plc.
About Renova
Renova Group of companies (www.renova.ru)
is a major private Russian business group which owns and manages assets
in metallurgy, mining, chemical, construction, transport, energy,
telecommunications, high-tech engineering, public utilities, medicine
and financial sectors in Russia and abroad (CIS, Switzerland, Italy,
South Africa and the United States of America). Renova’s largest assets
include its interests in UC Rusal, T Plus Group, OCTO Telematics and
Swiss-based technology concerns Schmolz+Bickenbach, OC Oerlikon, and
Sulzer.
About Access Industries
Founded in 1986 by Len Blavatnik, an American entrepreneur and
philanthropist, Access Industries is a privately-held industrial group
with strategic investments in the United States, Europe, and South
America. With corporate offices in New York, London and Moscow, its
holdings include a number of market-leading companies in the Natural
Resources and Chemicals, Media and Telecommunications, Venture Capital,
and Real Estate sectors. For more information, visit www.accessindustries.com.
Contacts
Renova Group
Goldman Maksim
+7 (903) 968-7579
[email protected]
or
Kolychev
Alexander
+7 985 970 27 17
[email protected]