Glencore Bid for Norilsk Stake Sold to Trafigura, says Deripaska

- December 29th, 2010

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.

 To access the full story, click here.

Leave a Reply