LONDON – Russian billionaire Roman Abramovich, best known in Britain as the owner of Premier League soccer club Chelsea, did not have the right to sell a stake in a Norilsk Nickel to another businessman, Vladimir Potanin, a London High Court judgment said on Wednesday.
The ruling follows a long battle between Russian billionaires Oleg Deripaska and Vladimir Potanin for control of the Russian company, which is one of the world's biggest producers of nickel and palladium.