23 AUGUST 2011steelguru
RUSAL has no official offer on Norilsk share buyback plan
Edited by : AL CIRCLE
1 min read
World's largest aluminium producer Russia's United Company RUSAL Plc said that no official offer has been made on Norilsk Nickel's plan to buy back 15% of its shares from RUSAL.
RUSAL also said it was unaware of the reason behind sharp swings in its share price, which fell 9% on Monday to the lowest intraday level since July 2010.
RUSAL also said it was unaware of the reason behind sharp swings in its share price, which fell 9% on Monday to the lowest intraday level since July 2010.
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