Russian billionaire Roman Abramovich agreed to buy 7.3 percent of OAO GMK Norilsk Nickel as the two biggest owners of the world’s top supplier of the metal seek to end a four-year feud over control of the company.
The pilots of a Polish airliner that crashed last year in Russia killing President Lech Kaczynski and 95 others were under “psychological pressure” to land in heavy fog, Russian investigators said today.
OAO GMK Norilsk Nickel’s chief executive officer is set to pocket about $100 million upon stepping down after its billionaire owners struck a deal to end a four-year feud, three people with knowledge of the plan said.
Billionaire Suleiman Kerimov and his partners in OAO Uralkali, the largest potash producer, sold bonds to China’s sovereign wealth fund and VTB Capital that can be exchanged for shares valued at about $3.2 billion.
Polish Prime Minister Donald Tusk risked worsening ties with Russia after a report on the plane crash that killed President Lech Kaczynski last year found the airport unsafe, spreading the blame to officials in Moscow.