Deals
Ross Says He’ll ‘Probably’ Sell Stake in Putin-Linked Company
- Shipping firm has no ties to sanctioned Russians, Ross says
- Ross insists link was disclosed on U.S. ethics filings
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Commerce Secretary Wilbur Ross said he will “probably not” maintain his stake in a shipping firm that does business with a Russian company with ties to the son-in-law of Russian President Vladimir Putin and an oligarch under U.S. sanctions.
“I’ve been actually selling it anyway, but that isn’t because of this,” Ross said Monday in an interview with Bloomberg Television.