Deripaska refused to sell 25% of Norilsk Nickel belonging to him

The co -owner and general director of UK Rusal Oleg Deripaska refused to sell the Norilsk Nickel to sell the GMC shares for $ 12 billion, the company representative said. The confrontation will continue - on March 11, at the request of the UC, an extraordinary meeting of the shareholders of Norilsk Nickel was scheduled with an already traditional agenda - the re -election of the board of directors, Vedomosti told.

Deripaska wanted 16 billion dollars for his package, but Norkel considered that it was too expensive and could be dangerous for the company's balance. The maximum price of Norilsk Nickel was 14 billion, but she did not suit Deripaska.

Earlier, Norilskel said that the Norkel package is supported by UC Rusal Co -owners Mikhail Prokhorov and Viktor Vekselberg.

On the eve of the meeting of the Council, Norkel announced that in case of UC Rusal refusal to sell the package, he would look for "other ways to neutralize the negative impact of the joint -stock conflict."

However, Norkel President Andrei Klishas said that Norilsk Nickel GMC is ready to continue negotiations with Rusal regarding the purchase of a package of an aluminum company in the GMC, including at a price, RIA Novosti reports.

At the request of UC Rusal, on March 11, an extraordinary meeting of shareholders of Norilsk Nickel has already been scheduled for re -electing the Board of Directors of the GMC. Until recently, Norilsk Nickel had 8.5% of quasiral stocks. But last week, Norilskel said that he entered into the sale of 8% of them trader Trafigura. UC Rusal fears that the sale agreement provides that Trafigura will vote on the instructions of the Norilsk Nickel management.

The Norilsk Nickel Board of Directors decided to sell 79% of the OGK-3 stakes Inter RAO, which offered its papers based on the assessment of the package of $ 2.27 billion. The second contender was the structure of Deripaska "Eurosibenergo".