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Norilsk approves $8.75 billion Rusal stake buyout

Dow Jones Deutschland | August 24, 2011 | 3:43 pm Base Metals Precious Metals Europe Nickel Palladium

MOSCOW -(Dow Jones)- The board of Russian miner OAO Norilsk Nickel (GMKN.RS) Wednesday approved the offer to buy a part of United Co. Rusal PLC’s (0486.HK) stake in the company for about $8.75 billion. Norilsk, the world largest nickel and palladium

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