Arts & Entertainment

Libya"s sovereign fund has bought the most...

Libyan Investment Authority bought 1.43% of RusAl stock for $300 million while VEB paid $663 million for a 3.15% stake in RusAl. Overall, the world"s largest aluminum producer sold 10.6% of its shares in the IPO and raised $2.24 billion, Vedomosti reported.

RusAl"s IPO was the first share offering by a Russian company in Asia.

MOSCOW, January 25 (RIA Novosti)




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