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28.11 2012 12:59:22

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Andrey Shenk quoted on metallurgy industry

Roman Abramovich may partly buy out a block of Norilsk Nickel treasury shares.

Which shares are to be bought out has not been clarified yet, either the shares that were to be redeemed or the remaining shares. In any case, either Abramovich will have to buy out the shares at twice their market price or Norilsk Nickel will need to write off losses, says Investcafe analyst Andrei Shenk. 

Release Vedomosti

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