Debevoise & Plimpton has advised Russian Norilsk Nickel on a buyback of up to 3.4% of its issued outstanding shares for a total amount of approximately USD 2 billion.
According to Debevoise, Norilsk Nickel is a diversified mining and metallurgical company, a major producer of palladium, nickel, platinum, and copper, also producing cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, and sulfur.
The Debevoise team was led by Partner Alan Kartashkin and included Counsel Maxim Kuleshov and Associates Timur Ochkhaev and Tamara Kulyk.