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2006 November 20   12:23

MMC Norilsk Nickel to acquire Nickel Business from OM Group for $408 million

OJSC Mining and Metallurgical Company Norilsk Nickel (“Norilsk Nickel”) announced today that is has entered into a definitive agreement to purchase the nickel business (the “Nickel Business”) of OM Group, Inc. (“OMG”) for $408 million in cash, on a debt-free, cash-free basis, the company’s press release reads.

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