Norilsk Nickel $4.5bn buyback plan may further inflame RUSAL

- December 29th, 2010

Mineweb.com reports that it is likely that Norilsk Nickel’s current share buyback plan will just antagonize Rusal.

Mineweb.com reports that it is likely that Norilsk Nickel’s current share buyback plan will just antagonize Rusal.

The editorial is quoted as saying:

The move (buyback) will imply an intensification of the acute shareholder conflict — the shares will be kept as quasi-treasury and the management will be able to vote them,” Troika Dialog brokerage commented.

To access the full editorial, click here.

Get the latest Nickel Investing stock information

Get the latest information about companies associated with Nickel Investing Delivered directly to your inbox.

Nickel Investing

Select None
Select All

Tags

Leave a Reply