Norilsk Nickel to sell quasi-treasury shares
Edited by Rhod Mackenzie / 2016-04-19 11:40:47
Norilsk Nickel Board of Directors approved the sale of 1.250 million ordinary shares of Crispian Investments (hereinafter - Crispian) for $158 million.
The company received a proposal from Crispian on April 11, 2016. After close examination of all the terms of the deal, as well as other important factors, the audit committee, consisting of two independent directors recommended company's Board to approve the terms of the deal on a unanimous basis.
