Keyword Search: Allow
1 Article
Source: Common Domain

U.S. Extends Deadline on Rusal, EN+ Divestment Another Time

Saturday 16:21 GMT

The Treasury said Friday it would allow an additional month for the sale or transfer of shares of EN+ Group PLC and United Co. Rusal from people under U.S. sanctions to those not on the list.

The Treasury said Friday, as it has previously, that EN+ and Rusal approached the U.S. government with “substantial corporate governance changes” that could result in “significant changes in control,” referring to Mr. Derpiaska’s divestment plan.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte