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$2Bln for Norilsk's OGK-3

By The Moscow Times

Norilsk Nickel is seeking more than $2 billion for its controlling stake in the OGK-3 power utility, Norilsk co-owner Vladimir Potanin said Thursday.

Norilsk is studying proposals from EuroSibEnergo, controlled by rival Norilsk shareholder billionaire Oleg Deripaska, and state-run Inter RAO, Potanin told reporters. Inter RAO’s bid is more detailed, he said.

(Bloomberg)


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