1Norilsk Nickel completes Stillwater acquisition

Newswire

(Adds details, palladium price, Stillwater comment) By Aleksandras Budrys MOSCOW, June 24 (Reuters) - Russian metals giant Norilsk Nickel has completed the acquisition of a 51 percent stake in the sole U.S. producer of platinum and palladium, Stillwater Mining Co. , the companies said on Tuesday. In a joint statement, the two sides said Norimet, Norilsk's London-based trading arm, had acquired 45.5 million new shares issued by Stillwater, equal to around 51 percent of its stock. ...

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