MMK Norilsk Nickel purchased 38% of shares in Norilskgazprom from Gazprom

​Norilsk Nickel has purchased 38% of shares in Norilskgazprom OJSC from Gazprom having increased its stake in the company’s capital to 94.2%.

MMK Norilsk Nickel OJSC has purchased 38% of shares in Norilskgazprom from Gazprom that makes up 2,846,130 shares, Gazprom’s press service reports. The deal was closed on March 2nd 2015.

Thus the total number of shares belonging to Norilsk Nickel in this enterprise rose to 94.2%.

Gazprom put up for sale 38% of shares in Norilskgazprom in late November 2014. The initial sales price was 1.33 bln roubles. In December Norilsk Nickel sent an offer on the purchase of the package at the price of 468 roubles/paper. Thus the company offered about 133.2 bln roubles for the package.

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