Russian investor Usmanov increases his stake in Corus
As previously reported by SteelOrbis, Russian investor Usmanov increased his share in Corus to 11.03% at the beginning of March. According to recent news in the market, Usmanov has increased his share in Corus to 12% level. He still stands as the second biggest shareholder of the company. The biggest shareholder of Corus is US Brandes Investment Partners with 14.95%. Usmanov is aiming to have a seat on the board of Corus however it is stated that Usmanov should increase his shares in Corus to the level of 25% to reach his aim.