Institutional investors completed the acquisition of a 21.37% stake in EN+ Group for $1.58bn.

Institutional investors completed the acquisition of a 21.37% stake in EN+ Group, a Russian energy and metals company, for $1.58bn. “This transaction is an important stepping stone for us as we simplify our shareholder base while underpinning the key governance provisions of the Barker Plan. The shares acquired secure future optionality to pursue our strategy to create a global, integrated low-carbon aluminium producer and the opportunity over the longer term to expand our institutional shareholder base and trading liquidity," Lord Barker of Battle, EN+ Group Executive Chairman.