Date: 2 months ago   Category: Industry

The Ministry of Finance of the USA prolonged the term of an exit of the American investors from assets En and RUSAL — Rambler News Service


The Ministry of Finance of the USA prolonged the term of an exit of the American investors from assets En and RUSAL
Photo: Donat of Sorokin/TASS the Ministry of Finance of the USA prolonged for one month the term during which the American investors have to leave securities of the Russian companies En and RUSAL which fell under the American sanctions. It is reported in the updated document of Department on control of foreign assets (OFAC) of the Ministry of Finance of the USA. According to the general license 13E, investors have to leave securities of RUSAL and En till December 12. At the same time the Ministry of Finance of the USA did not change terms of an exit of the American investors from securities of GAZ Group — till October 23. The previous license 13D provided that the American investors have to leave securities of GAZ Group till October 23, 2018, securities of the RUSAL and En companies — till November 12, 2018. On April 6 the Ministry of Finance of the USA imposed sanctions against the Russian 24 physical and 14 legal entities. In particular, the businessman Oleg Deripaska and the companies belonging to it — En Group, GAZ Group, Basic Element, UC Rusal was included in the list.

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