UPDATE 2-Norilsk Nickel Says 2 RUSAL Investors Back Stake Bid
Edited by : AL CIRCLE
1 min read
... Russian miner Norilsk Nickel (GMKN.MM: Quote) said UC RUSAL (0486.HK: Quote) shareholders Mikhail Prokhorov and Viktor Vekselberg back its offer to buy the aluminium giant's Norilsk stake, lending weight to the $12 billion bid.
The world's largest nickel and palladium miner, which has given RUSAL a deadline of 1200 GMT on Tuesday, also indicated it could raise its offer for the 25 percent stake, though it did not provide a new figure. ...