Shareholders of OJSC MMC Norilsk Nickel voted against the termination of the incumbent Board of Directors. Previously, PortNews reported a privately held company Interros had announced its intention to vote against changes in the Board of Directors of Norilsk Nickel at an extraordinary meeting of stockholders.
According to Interros, such shift would hardly bring noticeable benefits in terms of corporate management.
Earlier, distribution of seats in the Board of Directors had reportedly triggered a conflict of interests among the largest shareholders of MMC Norilsk Nickel - RUSAL and Interros. To resolve the conflict the Company held the extraordinary meeting today, Oct. 21, 2010.
According to Interros, such shift would hardly bring noticeable benefits in terms of corporate management.
Earlier, distribution of seats in the Board of Directors had reportedly triggered a conflict of interests among the largest shareholders of MMC Norilsk Nickel - RUSAL and Interros. To resolve the conflict the Company held the extraordinary meeting today, Oct. 21, 2010.