Russian investor Usmanov increases his stake in Corus

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.