Rus News Journal

Deripaska does not intend to sell 20 % Nornikelja

the Basic benefitsiar OK Rusal Oleg Deripaska is not going to agree for the transaction under repayment GMK Norilsk nickel for $12,8 billion
the businessman has declared 20 % of own actions it in interview to TV channel CNBC. Rusal is the best active. Raspolozhennost - 500 km from border with China. It is located near to the main region of economic growth in the north of Asia. But, if you look at the north of Russia you will see that there are only a few companies which have constructed there the capacities. One of them is the Canadian company, Chicault Corre. It is area rich with resources. There are only three companies in the world which have real experience of working out of a deposit outside of a polar circle. And Nornikel is one of them. That is why I can tell that neither board of directors, nor I will not support the decision on sale of this active - mister Deripaska has told.

earlier Nornikel which co-owners - holding Interros Vladimir Potanin and OK Rusal Oleg Deripaska - throughout long time are in a condition of the joint-stock conflict, has directed Rusalu the updated offer on the repayment of 20 % of own actions for $12,8 billion Nornikel suggests board of directors UC Rusal to consider the updated offer till March, 4th, 2011. In the company consider that the offered transaction is equitable to interests of shareholders GMK as its realisation will lead to the permission of the long joint-stock conflict. In turn, Rusal has informed that board of directors OK according to operating corporate procedure has given the commission to committee on to Norilsk nickel To study and discuss the received offer, transfers on February, 16th RIA News .