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    VTB Sells Norilsk Stake in Buyback-Agencies

    Written by Investing News Network
    |
    Feb. 10, 2011 11:33AM PST

    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.

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