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Glencore Bid for Norilsk Stake Sold to Trafigura, says Deripaska
Dec. 29, 2010 01:05PM PST
Base Metals Investing Bloomberg.com reports that Glencore International AG had tried to buy a stake in Norilsk Nickel prior to it’s sale to Trafigura Beheer BV
Bloomberg.com reports that Glencore International AG had tried to buy a stake in Norilsk Nickel prior to it’s sale to Trafigura Beheer BV.
The story is quoted as saying:
Glencore International AG, the largest trader of industrial metals, offered to buy an 8 percent stake in OAO GMK Norilsk Nickel before it was sold to rival Trafigura Beheer BV, according to billionaire Oleg Deripaska.