Russian billionaire Roman Abramovich, the owner of Chelsea Village, is lookingto liquidate his investments in Russia as pressure mounts on the country’s business “oligarchs” ahead of December’s elections.
Abramovich is looking to offload his 50% stake in RusAl, the country’s leading aluminium group.
The discussions follow an intensive campaign against Yukos, Russia’s largest oil group, and fears that it might spread to other companies.
References: Financial Times Money & Business 09/08/03 page 1
