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Norilsk Nickel Offers $8.75 Bln To Buy Back 15 pct Stake Held By UC Rusal – Update

RTTNews.com | August 19, 2011 | 11:35 am Base Metals Europe Aluminum Nickel

(RTTNews) – OJSC Norilsk Nickel Mining and Metallurgical Co. (NILSY.PK: News ) Friday said it has proposed to buy back 15 percent of its stake held by Russian aluminium firm UC Rusal for $8.75 billion. As per the offer, Norilsk Nickel, Russia’s largest