Economics
U.S. Extends Date for Cutting Ties With Deripaska's Rusal, En+
- Treasury weighing changes to management proposed by companies
- U.S. last week said customers can negotiate some new contracts
This article is for subscribers only.
The U.S. extended the deadline for cutting ties with companies controlled by Russian billionaire Oleg Deripaska until just after the midterm elections, delaying a clash with Congress over the handling of sanctions against Russia.
The Treasury Department announced the extension Friday, citing a potential change in control of United Co. Rusal and En+ Group Plc.