Monday, January 23, 2006
Alrosa and Norilsk Nickel merger talks officially announced
Shareholders of Alrosa and Norilsk Nickel are discussing ways of merging the companies, announced Krasnoyarsk region governor, Alexander Khloponin, Kommersant reported.
The statement is the governor's first official announcement about the merger, Kommersant reported.
Alrosa is the Russian state-owned diamond monopoly. Norilsk Nickel is the world’s leading producer of nickel and palladium and one of the largest producers of platinum, according to its website. Norilsk Nickel is controlled by Interros, one of the biggest private investment companies in Russia, according to Interros web site.
Kommersant learnt from undisclosed sources that potential variants of Norilsk de-privatisation are being discussed by the Kremlin. One of the possibilities says that the deal value could amount to USD 4bn, the majority of which will be received by Interros president Vladimir Potanin.
Source Kommersant, Company Web site
Value USD 4,000m (Alrosa-Norilsk Nickel merger deal value)
The statement is the governor's first official announcement about the merger, Kommersant reported.
Alrosa is the Russian state-owned diamond monopoly. Norilsk Nickel is the world’s leading producer of nickel and palladium and one of the largest producers of platinum, according to its website. Norilsk Nickel is controlled by Interros, one of the biggest private investment companies in Russia, according to Interros web site.
Kommersant learnt from undisclosed sources that potential variants of Norilsk de-privatisation are being discussed by the Kremlin. One of the possibilities says that the deal value could amount to USD 4bn, the majority of which will be received by Interros president Vladimir Potanin.
Source Kommersant, Company Web site
Value USD 4,000m (Alrosa-Norilsk Nickel merger deal value)
