OREANDA-NEWS. May 28, 2008. At the end of February 2008, MMC Norilsk Nickel management officially announced that it was starting   the   process   of   discussions  with  Metalloinvest  HC  and investigating  opportunities  for  a  possible  combination  of  the  two businesses, reported the press-centre of Norilsk Nickel.

MMC Norilsk Nickel management has been recently informed of Metalloinvest HC’s decision to investigate opportunities of making IPO on one or several stock exchanges. At the moment, owing to the address of Metalloinvest HC, the parties have agreed to suspend the process of discussions.

Although  the  discussions  to  date  are at a preliminary stage, Norilsk Nickel believes  that  a  combination of MMC Norilsk Nickel and Metalloinvest HC may have strategic and  operational  merits,  and  intend  to continue examining it in the future.