Rusal rallies in Moscow after Nornickel top shareholder hints at possible merger

En+ MKPAO

05/07/2022 08:23

** Moscow-listed shares in aluminium producer Rusal
 RUAL.MM  and its main shareholder En+  ENPG.MM  jump after
businessman Vladimir Potanin said he was ready to discuss a
possible Nornickel-Rusal merger  urn:newsml:reuters.com:*:nL1N2YM0B9
    ** Potanin is the largest shareholder at mining giant
Nornickel  GMKN.MM 
    ** Rusal shares, which are down 17% YTD, jumped 12% to
two-month high, while En+ rose 13% at 0719 GMT
    ** Nornickel was up 0.21%

 (Reporting by Anna Pruchnicka)
 ((anna.pruchnicka@tr.com))