Vladimir Potanin keen to buy 6.3% Norilsk Nickel stake from fellow oligarchs Abramovich and Abramov

By bne IntelliNews February 16, 2018

Russian oligarch Vladimir Potanin wants to buy the 6.3% stake in metal giant Norilsk Nickel held by fellow oligarchs Roman Abramovich and Alexander Abramov, Vedomosti reported on February 16. 

Potanin’s Interros, which owns 30.41% of Norilsk, made the offer to Crispian Investments Ltd, one of the companies through which Abramovich and Abramov own a their stake in Norilsk Nickel, which is worth an estimated $2bn. 

Potanin did not disclose the reasons for making the offer. But a subsidiary of aluminium giant UC Rusal controlled by Oleg Deripaska and the owner of 27.8% in Norilsk Nickel, filed a suit to a London court demanding suspension of the deal. Deripaska is Abramovich's protégé.

Presidential spokesman Dmitry Peskov told reporters on February 16 that the Kremlin will not interfere in disagreements between shareholders of metals giant Norilsk Nickel, but hopes they will not hurt its operations. 

 
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