Abramovich trims Nornickel stake in $551 million share sale

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Abramovich trims Nornickel stake in $551 million share sale
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Russian billionaire Roman Abramovich sold $551 million worth of shares in mining...

FILE PHOTO: Chelsea owner Roman Abramovich arrives for the Champion's League semi-final second leg soccer match against Atletico Madrid at Stamford Bridge in London April 30, 2014. REUTERS/Toby Melville

The shares, accounting for a 1.7 percent stake in the world’s largest palladium producer, were bought predominantly by British-based investors, with Russian investors also buying a third of the shares, Dmitry Bolyasnikov, executive director of equity capital markets at VTB Capital, said on Wednesday.

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