Currently viewing Global edition

Oligarchs in battle over Norilsk stake

Norilsk Nickel’s (RU:GMKN) major shareholders have brought the long-running struggle for control of the company to London after Roman Abramovich tried to sell his 6% stake to fellow oligarch Vladimir Potanin.

Oligarchs in battle over Norilsk stake Oligarchs in battle over Norilsk stake Oligarchs in battle over Norilsk stake Oligarchs in battle over Norilsk stake Oligarchs in battle over Norilsk stake

Vladimir, Oleg and Roman walk into the bar

Abramovich came in as a peacemaker shareholder in 2012 with support from Vladimir Putin as Potanin and Oleg Deripaska fought over control over the major miner, which produced 217,000 tonnes of nickel