Bloomberg News

Norilsk Will Write to Shareholders Before Vote on New Board

September 14, 2010

OAO GMK Norilsk Nickel will write to shareholders before an Oct. 21 meeting to elect a new board, setting out its case in a battle for control of the company.

Norilsk commented in an e-mailed statement today.

United Co. Rusal (486), run by billionaire Oleg Deripaska, began a website last week putting forward its argument against some of Norilsk Nickel’s managers and rival shareholder Vladimir Potanin’s Interros Holding Co. Deripaska and Potanin are locked in a battle for control of Russia’s biggest mining company.

To contact the reporter on this story: Henry Meyer at hmeyer4@bloomberg.net

To contact the editor responsible for this story: Amanda Jordan at ajordan11@bloomberg.net


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