UPDATE 1-Russia's Alfa demands bankruptcy of Deripaska firms

Newswire

* Alfa-Bank demands bankruptcy of two UC RUSAL units * Seeks to acquire other Basic Element debts (Adds Alfa-Bank Deputy CEO comments, background) MOSCOW, Sept 24 (Reuters) - Russia's Alfa-Bank, controlled by billionaire Mikhail Fridman, has asked courts to declare bankrupt two units of UC RUSAL in the latest development of a feud with the aluminium producer's owner, Oleg Deripaska. Alfa-Bank said in a statement that the two units of UC RUSAL, the world's top aluminium producer -- ...

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