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New Deal


Announced

Completed

EN+ Group completed the acquisition of a minority stake in UC RUSAL from Glencore.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned48%
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Single Bidder

aluminium manufacturer

aluminium

Completed

Russian Federation

Minority

Friendly

aluminium mining & production

Aluminium

Synopsis

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EN+ Group, vertically integrated aluminum and power producer, completed the acquisition of a 8.75% stake in UC RUSAL, a producer of aluminum, from Glencore, a commodity trading and mining company. Financial terms were not disclosed. "We are delighted at the prospect of gaining the long-term support of such a well-renowned partner in the global commodities sector. We look forward to working with Glencore and leveraging its unrivaled expertise to drive the ongoing growth of our business,” Maxim Sokov, EN+ Group CEO.

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