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2012.07.09 | Russia’s Metalloinvest recovers 4% share in Norilsk Nickel Russian metals and mining holding Metalloinvest has again increased its stake in metals giant Norilsk Nickel to 4.0% from 3.6% earlier, the holding said in a statement late Monday.In May–June, the metals holding acquired 8.3 million Global Depositary Receipt of Norilsk Nickel for a total of U.S. $126 million. Metalloinvest sold the same amount of shares during Norilsk Nickel’s buyback offer in 2011 for a total of $255 million and decreased the stake in the metals giant to 3.6% from 4.0%. Metalloinvest acquired a 4.0% stake in Norilsk Nickel in May–June 2011 for $2.2 billion. PRIME-TASS return |
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