According to Norilsk Nickel (Nornickel), its major shareholders Interros, Rusal, and Crispian proposed to the board of directors to consider spinning off the Bystrinsky project (GRK Bystrinskoe) after reaching a preliminary agreement.
Nornickel’s principal shareholders proposed to allocate the whole stake in the Bystrinsky project to all Nornickel’s shareholders.
Nornickel is holding 50.01% of shares in the Bystrinsky project, and Interros and Rusal are separately holding 36.66% and 13.33% of shares.
Nornickel’s main shareholders pass proposal of spin-off of Bystrinsky project
29 Mar 2021 14:49 reported by Joy Liu
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