Abramovich seeks London court approval to sell Norilsk Nickel stake

Chelsea soccer club owner Roman Abramovich's Cyprus-based Crispian on Tuesday sought a London court's permission to sell 2% of Norilsk Nickel to billionaire Vladimir Potanin, a move aluminium producer Rusal is trying to block. Potanin offered to buy a 4% stake in Nornickel from Abramovich for $1.5-billion. However, Rusal, which also owns a stake in the mining group, is seeking a court injunction to block the deal.