Oleg Deripaska to reduce EN+ Group shareholding in bid to have US sanctions lifted

RUSAL’s parent company EN+ Group – an entity also sanctioned by the US on 6 April 2018 for being linked to designated-Russian ‘oligarch’ Oleg Deripaska – has announced that, Mr Deripaska has “agreed in principle to… reduce his shareholding in the Company to below 50%”. Furthermore, that he has agreed to “resign from the Board and consent to the appointment of...

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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