The United States said on November 9th that it delayed the sanctions against RUSAL, En+ Group and Gaz PAO for nearly four weeks as key shareholders in these companies worked on plans to cut their holdings.
The United States Department of the Treasury had given Oleg Deripaska, a Russian oligarch, a December 12th deadline to cut its holdings in the three companies, but the latest statement showed that the deadline was pushed back to January 7th, 2019.
US postpones sanctions against RUSAL until Jan 7, 2019
12 Nov 2018 16:07 reported by Lemon
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