Anonymous ID: 3dedee April 28, 2022, 5:56 p.m. No.16173507   🗄️.is đź”—kun   >>3562 >>3575 >>3582 >>3707 >>3735 >>3769

Rusal Executives to Buy Out U.S. Aluminum Unit, Rename It

 

Two top executives at United Co. Rusal International PJSC agreed to buy out the U.S. unit of the Russian aluminum giant and plan to rename the company. Brian Hesse, former chief executive officer and president of Rusal America, and Andrey Donets, a former senior vice president, will purchase the unit, Hesse confirmed in an email. All Rusal America contracts will transfer to the new company, to be called PerenniAL. Researcher Harbor Intelligence first reported the move in a note seen by Bloomberg. The new company will continue to selling Rusal’s metal. It will also offer aluminum from other suppliers, both primary and secondary products such as billet, foundry and slab. The move comes as some nations and companies across the globe shy away from doing business with Russian and Russian-linked firms following the country’s invasion of Ukraine. Rusal’s supply of alumina the key ingredient used to make aluminum came under pressure after Australia banned exports to Russia.

 

PerenniAL will remain headquartered in Rye Brook, New York, and Rusal America’s existing employees will become PerenniAL employees. The change will be effective on April 29. Rusal America sold approximately 325,000 metric tons of value-added aluminum products, according to Harbor. Its leading product classes in 2021 were billets and primary foundry alloy.

https://www.bnnbloomberg.ca/rusal-executives-to-buy-out-u-s-aluminum-unit-rename-it-1.1758707

 

About Oleg Deripaska, the Russian billionaire who worked with Paul Manafort

https://abcnews.go.com/International/oleg-deripaska-russian-billionaire-worked-paul-manafort/story?id=46303922

Anonymous ID: 3dedee April 28, 2022, 6 p.m. No.16173531   🗄️.is đź”—kun

>>16173226

small lot sizes mostly so a combination of retail with the smaller ones and who knows with the big ones-there was one in the 8k range iirc.

 

If I hung out 1 share @$500 and then bought it on the exact close of AH trading that price would be reflected until PM trading opened tomorrow

It's too easy to manipulate that way.