OAO GMK Norilsk Nickel , the mining company whose largest holders are locked in a dispute, agreed to sell $3.5 billion of stock to commodities trader Trafigura Beheer BV as analysts signaled a possible end to the feud.
United Co. Rusal, the world’s biggest aluminum supplier, is locked in to selling $43 billion of the metal to Glencore International Plc over seven years in a contract that’s fueling a feud among billionaire investors, four people familiar with the accord said.
Russian Prime Minister Vladimir Putin ordered an investigation into explosions at a Siberian coal mine run by OAO Raspadskaya that killed at least 52 people, saying the whole industry will need to learn lessons from the disaster.
Russia is considering buying a stake in OAO GMK Norilsk Nickel , the country’s biggest mining company, amid an ownership battle between two of its largest shareholders, three people familiar with the matter said.
OAO GMK Norilsk Nickel , the world’s biggest nickel producer, offered $12 billion to United Co. Rusal to buy back a 25 percent stake held by the aluminum company, as analysts said a deal could benefit both sides.
Evraz Group SA, Russia’s largest steelmaker by production, said it is considering alternatives to its global depositary program. The company may be contemplating a primary listing in London, analysts said.