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Oleg Deripaska News

News about Oleg Deripaska continually updated from thousands of sources around the net.

3 hrs ago | The Independent

Lord Mandelson in conflict of interest row over oligarch

A spokesman for Lord Mandelson said 'The idea that one individual can influence EU decision-making is laughable' enlarge Lord Mandelson was under pressure yesterday when it emerged that his close friendship with one of Russia's richest men the oligarch Oleg Deripaska has prompted accusations of a conflict of interest.

Comment?

Fri Nov 27, 2009

Asia Times

Rusal's crossroads - Russia, Libya or China

Page 1 of 2 Rusal's crossroads - Russia, Libya or China By John Helmer MOSCOW - Confucius says, why buy a treasure from a man if you can wait for him to lose it? The turmoil now affecting Oleg Deripaska's United Company Rusal, a world leader in bauxite, alumina and aluminum and which must now wait until the end of this week for a decision on a ...

Comment?

Related Topix: Mikhail Fridman, Economics News, Bankruptcy, Vladimir Putin

Wed Nov 25, 2009

The Moscow Times

VEB Seeks 'Long-Term' RusAl Stake

Kudrin speaking during a Vedomosti financial forum Wednesday in Moscow. Vneshekonombank will buy a 3 percent stake in United Company RusAl's upcoming IPO and plans to remain a shareholder in the company for at least three years, Finance Minister Alexei Kudrin, who sits on the state bank's supervisory board, said Wednesday.

Comment?

Related Topix: Vladimir Putin

Tue Nov 24, 2009

The Moscow Times

Deripaska Gets Time To Buy Strabag Stake

Deripaska held on to a single share of Strabag, with the option to buy back the full 28.5 million shares on Dec.

Comment?

Related Topix: Russia, World News,

Mon Nov 23, 2009

Bloomberg.com

Deripaska Is in Talks on Selling Interests in Construction, Airport Units

Russian Billionaire Oleg Deripaska , whose United Co. Rusal is seeking to restructure more than $14 billion of debt, is in talks with potential investors in his construction, airport and financial-services businesses.

Comment?

Related Topix: World News, Russia, Asia

Thu Nov 19, 2009

The Moscow Times

Vekselberg Says RusAl to Have IPO by Year-End

The deadline for RusAl to agree with more than 70 banks on restructuring $16.8 billion of debt is Nov.

Comment?

Mon Nov 16, 2009

South China Morning Post

HK director planned for Rusal IPO

Russian billionaire Oleg Deripaska, who controls UC Rusal, the world's largest aluminium company, said a Hong Kong director would be appointed to the board of Rusal ahead of its initial public offering in the city, which is expected next month.

Comment?

Related Topix: Prison

Sun Nov 15, 2009

The Moscow Times

RusAl Wants Chinese As IPO Cornerstones

The world's largest aluminum maker plans to sell a 10 percent stake to help repay more than $14 billion of debt, and it is focusing on courting Chinese state-owned companies.

Comment?

Wed Nov 11, 2009

International Business Times

Russia invites Renault to up stake in AvtoVAZ

Russia's government would consider any offer from Renault to increase its 25 percent stake in carmaker AvtoVAZ, Deputy Prime Minister Igor Shuvalov said on Tuesday.

Comment?

Related Topix: Auto Dealers

Mon Nov 09, 2009

AmericanBankingNews.com

Bank of America Merrill Lynch (NYSE:BAC) Takes Over for Goldman Sachs ...

Goldman Sachs has dropped out of its role as adviser to United Company Rusal, and has been replaced by Bank of America Merrill Lynch to help them navigate the IPO waters.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Banking, Bank of America

BBC

Oleg Deripaska 'may quit Britain'

Russian billionaire Oleg Deripaska has told the BBC he is considering breaking his connection with Britain.

Comment?

Sat Nov 07, 2009

Reuters

Wall Street firms skittish about Rusal Ipo: report

Wall Street firms are in a quandary about getting involved with a planned public offering of Russian aluminum producer UC RUSAL because its founder has been barred from getting a U.S. visa on account of allegations that he is connected to organized crime, the Wall Street Journal reported on Saturday.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services

Fri Nov 06, 2009

The Age

Browning down Australia

NOT long after Oleg Deripaska was named Russia's richest man for 2008, his company's Australian chairman wrote to the Department of Climate Change in Canberra with a dire warning: the oligarch's considerable investment in Australia was being threatened by the plan being advanced by the Rudd Government to tackle global warming.

Comment?

Related Topix: Australia, Oceania, World News, Global Warming, Vladimir Putin

Weekday Magazine - Azerbaijan

Analyst: GM 'Scared' Off By Partners In Proposed Deal

German Opel employees demonstrate outside the company's headquarters in Ruesselsheim.

Comment?

Related Topix: Manufacturing, Automakers, Magna International, Gaming, Magna Entertainment, Canada,

Thu Nov 05, 2009

Tech Confidential Blog

Overheated, underpowered

Forget the slick Hollywood version, the one that oozes high-speed car chases, technobrilliance, secretive, state-of-the-art corporations out for world domination.

Comment?

Related Topix: Economics News, Bankruptcy

Tue Nov 03, 2009

The First Post

Oleg Deripaska and Michael Ashcroft: a tale of two billionaires

Good for Oleg Deripaska, the Russian aluminium magnate who became embroiled in the notorious George Osborne-Nat Rothschild-Peter Mandelson fundraising social snafu while on holiday in Corfu in 2008.

Comment?

Related Topix: Dean Barrow, Conservatives (UK)

Sun Nov 01, 2009

The Moscow Times

BasEl Says 50,000 Jobs Cut, Seeks Debt Deal Year's End

Deputy chief executive Andrei Yelinson said most of BasEl's units began generating profits in July thanks to cost reductions and job cuts and that he hoped to restructure the group's multibillion-dollar debt by the end of 2009.

Comment?

Sat Oct 31, 2009

The Globe and Mail

Oligarch's IPO attempt plods on

ERIC REGULY ROME - Published on Saturday, Oct. 31, 2009 12:00AM EDT Last updated on Saturday, Oct.

Comment?

Related Topix: Prison, Investment Banking, Financial Services, Goldman Sachs Group, Investment Services

Fri Oct 30, 2009

StartupJournal

FBI Lets Barred Tycoon Visit U.S.

Close See a sample reprint in PDF format. Order a reprint of this article now EUROPE NEWS OCTOBER 30, 2009 By EVAN PEREZ and GREGORY L. WHITE One of Russia's most powerful tycoons -- barred entry to the U.S. for years due to U.S. government concerns about possible ties to organized crime -- visited the country twice this year under secret ...

Comment?

Related Topix: US News, US Federal Bureau of Investigation, Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Vladimir Putin

Canada.com

Russia tycoon reveals U.S. trips, silent on visa row

Russian tycoon Oleg Deripaska visited the United States twice this year, his spokesman said on Friday, but declined to say if he solved a visa row with the United States which had long irked top Russian officials.

Comment?

Related Topix: Prison, US News, US Federal Bureau of Investigation, Vladimir Putin

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