Tuesday, August 21, 2012

Putin Hopes for Settlement between Nornickel Major Shareholders

President Vladimir Putin has expressed hope that the Norilsk Nickel Mining and Metallurgical Company's major shareholders will reach a settlement to benefit the company and its personnel. The conflict concerns two shareholders - Rusal owner Oleg Deripaska (25 percent) and Interros owner Vladimir Potanin (28 percent). Last July, while serving as the prime minister, Putin also voiced his hope that a quick resolution would be found to the conflict. Norilsk Nickel is the world's largest producer of nickel, palladium, cobalt, copper and rhodium. According to Vedomosti's unnamed Kremlin sources, Putin's administration has developed a plan of a settlement, which includes the sale by one or both shareholders of their shares.

http://www.rapsinews.com/judicial_news/20120820/264341440.html
http://www.vedomosti.ru/companies/news/3076721/prinuzhdenie_k_miru

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