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Deripaska may return to Norilsk board-report

Friday, Apr 02, 2010
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MOSCOW, April 1 (Reuters) - Oleg Deripaska, Russian billionaire and major shareholder of UC RUSAL , may return to the board of Russian metals giant Norilsk Nickel, the business daily Vedomosti reported.


RUSAL's press office declined to comment.


The move would run counter to earlier agreements that the beneficial owners of the two companies are not to become members of the board.


The paper said the move might be pursued as part of Deripaska's renewed attempts to merge RUSAL, the world's top aluminium producer, and Norilsk, the paper said.


RUSAL'S officials talked about a possible merger after the company January's IPO.


RUSAL bought a 25 percent stake in Norilsk at the beginning of 2008.

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