An eight-year-old shareholder agreement signed by Russian mining giant Norilsk Nickel's major owners has become a relic of the past which the ...
An eight-year-old shareholder agreement signed by Russian mining giant Norilsk Nickel's major owners has become a relic of the past which the US$44 billion miner does not need, Vladimir Potanin, its largest shareholder, told Reuters.
Potanin's Interros holding, aluminium producer Rusal and some other stakeholders signed https://www.reuters.com/article/us-russia-norilsk/russian-tycoon-becomes-norilsk-ceo-in-board-peace-deal-idUSBRE8BG0O320121217 the agreement on dividend payouts to end a previous four-year conflict over the size of dividend payments, Nornickel's strategy and management.
Potanin told Reuters in an emailed statement that these extra tools were not needed for Nornickel's further development and modernisation, adding that business efficiency and corporate governance had improved since 2012.Nornickel's market value has risen by 50per cent since 2012.
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