Deripaska in Faceoff With Potanin in London Court
- Abramovich and partners want to sell some Nornickel shares
- The stock plunged as much as 12%, the most in three years
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A deal that kept the peace at Russia’s biggest mining company for more than five years is starting to fray, leaving three billionaires fighting over the next move.
Attorneys for Oleg Deripaska, Vladimir Potanin and Roman Abramovich faced off in London court on Friday in a conflict triggered by Abramovich’s desire to sell his stake in MMC Norilsk Nickel PJSC, which could shift the shareholding balance.