Deals
Abramovich to Buy Norilsk Stake to End Feud
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Russian billionaire Roman Abramovich agreed to buy 7.3 percent of OAO GMK Norilsk Nickel as the two biggest owners of the world’s top supplier of the metal seek to end a four-year feud over control of the company.
Abramovich’s Millhouse LLC investment company will acquire the stake in Moscow-based Norilsk as part of a settlement between shareholders United Co. Rusal and billionaire Vladimir Potanin, Rusal said today in a statement.