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Bloomberg reported that Rusal rejected Norilsk Nickel’s bid to buy back its shares from the Russian company.
Bloomberg reported that Rusal rejected Norilsk Nickel’s bid to buy back its shares from the Russian company.
The market news is quoted as saying:
United Co. Rusal, locked in a battle for control of OAO GMK Norilsk Nickel, rejected a $12.8 billion bid from the mining company to buy back 20 percent of its shares.
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