Zonoville Investments Ltd. entered an agreement to purchase about a 7% stake in United Co. Rusal Plc from Dimosenco Holdings Co. Ltd.

Zonoville will purchase 1,063,511,040 common shares of RUSAL for US$503.9 million, according to the Aug. 11 release.

The buyer is an associated company of SUAL Partners Ltd., which already owns about a 15.8% interest in RUSAL.