Rusal's Deripaska to let rival Abramovich sell $1.5b Nornickel stake with conditions

Rusal's Deripaska to let rival Abramovich sell $1.5b Nornickel stake with conditions

Oleg Deripaska. Photo: Bloomberg

United Co. Rusal’s  Oleg Deripaska agreed to let rival Russian billionaire Roman Abramovich sell a $1.5 billion stake in MMC Norilsk Nickel PJSC, providing that the sale is reversed if a London judge later finds that a shareholder agreement doesn’t allow it.

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