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Norilsk Board to Review Share Purchase Offer Conditions
Aug. 22, 2011 12:05PM PST
Battery Metals InvestingMineweb reported that Norilsk Nickel (LON:MNOD) plans to purchase some of its own shares from UC Rusal Asset Management LLC.
Mineweb reported that Norilsk Nickel (LON:MNOD) plans to purchase some of its own shares from UC Rusal Asset Management LLC.
The market news is quoted as saying:
This offer was formulated with careful consideration for the MMC Norilsk Nickel’s production and technical development program implementation plans as well as the current market conditions. The proposed financing includes both own and borrowed funds.
