Russian investor increases stake in Corus

Thursday, 15 April 2004 10:49:00 (GMT+3)   |  

Russian investor increases stake in Corus

According to recent industry news, Russian investor Alisher Usmanov has increased his share in Anglo-Dutch steel maker Corus by 1.39% to 13.39%. Usmanov still keeps his position as the second largest shareholder of the company after US Brandes Investment Partners, holding 15.2% share in Corus. It is stated that the shares of Usmanov are now worth $47 million.

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