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    market news

    VTB Sells Norilsk Stake in Buyback-Agencies

    Investing News Network
    Feb. 10, 2011 11:33AM PST
    Precious Metals

    Reuters Africa reported that Russian state bank VTB (LSE:VTBR) sold its shares in Norilsk Nickel (NILSY) in the miner’s $3.5 billion buyback.

    Reuters Africa reported that Russian state bank VTB (LSE:VTBR) sold its shares in Norilsk Nickel (NILSY) in the miner’s $3.5 billion buyback.

    The article states that:

    The bank held around 1 percent of the world’s largest palladium miner in October at the time of its last shareholder meeting.

    To read the full article, click here.

    market newsnorilsk nickel
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