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Glencore Bid for Norilsk Stake Sold to Trafigura, Deripaska Says
Dec. 29, 2010 01:08PM PST
Market NewsBloomberg.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:
Marc Ocskay,a Glencore spokesman in Baar, Switzerland, declined to comment. The trader owns about 9 percent of United Co. Rusal, the world’s largest aluminum producer, founded and led by Deripaska, and handled 31 percent of Rusal’s sales, according to the Russian metal company’s annual report