Norilsk Offers $12.8 Billion for RUSAL’s 20% Stake

Reuters Africa reported that Russian mining giant Norilsk Nickel (MM:GMKN) made a new offer on Friday to buy out warring shareholder RUSAL (HK:0486).

The article states that:

The market has been looking for a sale of RUSAL’s stake to end a long-running shareholder feud at the world’s top producer of nickel and palladium.

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