United Co. Rusal said billionaire Chief Executive Officer Oleg Deripaska didn’t discuss selling the company’s 25 percent stake in OAO GMK Norilsk Nickel with fellow shareholder billionaire Vladimir Potanin.
“Rusal has no intention of selling its shareholding in Norilsk Nickel,” the company said in an e-mailed statement, denying a report in the Kommersant newspaper today about a meeting between the two businessmen. “As such, any speculation on this subject is baseless.”
Potanin, who also owns 25 percent of Norilsk, wrote to Rusal Chairman Viktor Vekselberg on Oct. 22 urging him to discuss selling Rusal’s stake in the world’s biggest nickel producer for $9 billion.
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