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Article: Norilsk, Alrosa shareholders discussed merger - Khloponin (Part 7).
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- January 18, 2006
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Norilsk, Alrosa shareholders discussed merger - Khloponin (Part 7)
MOSCOW. Jan 18 (Interfax) - Shareholders in Arctic mining and smelting giant MMC Norilsk Nickel (RTS: GMKN) and Alrosa (RTS: ALRS), Russia's Yakutia-based diamond monopoly, have discussed a possible merger, Alexander Khloponin, governor of the Krasnoyarsk territory, said on local radio.
"There was a meeting at which the idea of a merger between Norilsk Nickel and Alrosa was discussed, but no concrete decisions have yet been reached. The issued has been discussed once, at the level of shareholders," said Khloponin, a former top-manager at Norilsk Nickel.
"These are absolutely ...