Abramovich Sells Stake in Russian Aluminum
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Basic Element, the holding company controlled by aluminum baron Oleg Deripaska, is close to acquiring full control of Russia's biggest aluminum maker, Russian Aluminum, the Interfax news agency reported Friday.
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On Tuesday, November 30, the Board of Directors of Russiaâs natural gas monopoly Gazprom has approved the decision to take part in the auction for the sale of 76.8 percent of shares of Yuganskneftegaz, the main production asset of embattled Yukos Oil
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MOSCOW, Oct 14  - The Russian government will sell a controlling stake in Yuganskneftegaz, the key holding of the troubled Yukos oil giant, for just over four billion dollars, Interfax reported Thursday without disclosing its sources.
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The purchase, which ConocoPhillips, the American energy conern, made at an auction today for the Russian government's stake in Lukoil, sets the stage for projects in Iraq.
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A little-known group bought the main production unit of Russia's largest oil producer for $9.3 billion on Sunday, gaining control of one of Russia's most prized assets for half of what foreign auditors say it is worth.
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Billionaire Alisher Usmanov increases his holding in Arsenal Football Club, taking his stake to 24%.
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Russia's top steel producer Evraz agrees a $2.3bn deal to buy US counterpart Oregon Steel Mills.
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Russia sold its 23.8 percent stake in OAO Magnitogorsky Metallurgichesky Kombinat, the country&#39;s second- largest steelmaker, for $790.15 million to investors friendly to the company&#39;s
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The buyer of the main asset of embattled Russian oil firm Yukos is reportedly sold to state-owned Rosneft.
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Russia's United Company RUSAL said on Friday it would buy a strategic stake in Norilsk Nickel  from Mikhail Prokhorov's Onexim Group as it seeks to build a globally competitive Russian metals and mining major.
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An oil company controlled by the Russian government said that it had bought the company that had won Sunday's auction for the largest subsidiary of Yukos.
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A majority stake in the embattled Russian oil company Yukos' main production unit will be sold at an auction scheduled for Dec. 19, an announcement in the official government newspaper said Friday, confirming the country's largest oil producer will be broken up as part of a politically charged battle for control over the strategic resource.
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Alcoa Inc., the world&#39;s top aluminum  maker, is selling its entire stake in Aluminum Corp of China  Ltd (2600.HK) (Chalco) for up to US$2 billion, reaping a  potential profit on its investment of as much as US$1.9  billion.
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Russia has sold the heart of the Yukos empire in an auction reminiscent of the country&#39;s notorious privatizations of the 1990s, analysts said Monday, as the former CEO of the oil company offered bitter season&#39;s greetings to the Kremlin from his courtroom
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A Russian bank buys a 5% stake in EADS, the Franco-German firm which owns the Airbus fleet of aircraft.
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American oil company ConocoPhillips acquired the Russian government&#39;s 7.6% stake in Lukoil yesterday, after bidding almost $2bn (Â£1.
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The Russian government plans to sell a majority stake in the main production unit of the embattled Yukos oil company at an auction scheduled for December 19, the Interfax news agency reported Friday.