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Putin Signals New Norilsk Nickel Talks May Happen

Investing News Network
Aug. 20, 2012 11:12AM PST
Base Metals Investing

Reuters reported Russian President Vladimir Putin said he hoped a long-running shareholder conflict at Norilsk Nickel (LSE:MNOD) would soon be resolved.

Reuters reported Russian President Vladimir Putin said he hoped a long-running shareholder conflict at Norilsk Nickel (LSE:MNOD) would soon be resolved.

As quoted in the market news:

Putin gave no indication on Monday, however, of how billionaire shareholders Vladimir Potanin and Oleg Deripaska might end a battle for control of Norilsk, which has drained cash out of the business and sapped long-term investment.

 Click here to read the full Reuters report.
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