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Whiteleave, a part of Vladimir #Potanin’s Interros Group, has closed the deal to buy 2.1% in #Nornickel from Crispian, a company controlled by Roman Abramovich and Alexander Abramov. The deal will be reversed if #Rusal wins its ongoing litigation in the High Court of London.
It might take up to $15.39bn to buy out Vladimir #Potanin’s stake Norilsk Nickel The shoot out (or Russian Roulette) mechanism can be initiated any time while #Nornickel shareholder agreement remains in place
Oleg #Deripaska getting ready to buy #Nornickel stake from #Potanin
A power struggle over Norilsk Nickel (#Nornickel) resurfaced on Friday as billionaire Vladimir #Potanin offered to buy Roman #Abramovich’s stake in the mining group, and a third businessman - Oleg #Deripaska - tried to block the deal.