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    Tycoon Potanin Seen Cementing Control of Norilsk

    Written by Investing News Network
    |
    Mar. 11, 2011 02:18PM PST

    Reuters Africa reported that Norilsk Nickel’s (LON:MNOD) shareholders have voted to elect a new board.

    Reuters Africa reported that Norilsk Nickel’s (LON:MNOD) shareholders have voted to elect a new board.

    The market news is quoted as saying:

    Five analysts polled by Reuters expect Potanin’s investment vehicle Interros and supporters to win a total of seven seats, giving them a majority on Norilsk’s 13-member board.

    To read the full market news, click here.

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