"Norilsk Nickel" resets voltage.
Edited by Rhod Mackenzie / 2015-11-30 06:23:20
Energy Finance Metals and mining Norilsk Nickel RAO UES Russia Shares Russia Metals and Mining Nickel
The company sells a share in "Inter RAO".
State "Inter RAO" will lose the only largest private shareholder: MMC "Norilsk Nickel" decided to get rid of 9.7% of the shares of the energy holding. According to "the Kommersant" MMC could not find an anchor investor, so the package will be sold piecemeal to investment funds by private subscription.
On December 2 the Board of Directors of MMC "Norilsk Nickel" will consider the sale of shares "Inter RAO", as Norilsk Nickel stated on Friday. "Norilsk Nickel" and "Inter RAO" did not provide additional comments on the parameters of the transaction.
