Norilsk seeks $721.5 million for 51.3% stake in Stillwater

Dec 09, 2010 | 05:20 AM |

MMC Norilsk Nickel will look to garner $721.5 million from the sale of a 51.3-percent stake in Canadian platinum and palladium producer Stillwater Mining Co.

The company priced the 37 million shares at $19.50 apiece in a public placement through wholly owned subsidiary Norimet Ltd. If fully subscribed, its stake will be cut to less than 10 percent and to zero if oversubscribed.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results