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Article: Usmanov not planning to leave Norilsk Nickel; may consider boosting stake (Part 2).
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- June 5, 2009
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Usmanov not planning to leave Norilsk Nickel; may consider boosting stake (Part 2)
ST. PETERSBURG. June 5 (Interfax) - Alisher Usmanov, the co-owner of Metalloinvest, does not plan to divest his MMC Norilsk Nickel (RTS: GMKN) holdings, which amounts to 4% according to the most recent information.
Instead, Usmanov may consider increasing his stake.
"If circumstances allow [the stake may be increased]," he told Interfax on the sidelines of the economic forum in St. Petersburg.
Oleg Deripaska's United Company RUSAL (UC RUSAL) and Vladimir Potanin's Interros are the biggest shareholders in Norilsk Nickel, with 25% + 2 shares and 25% + 1 ...