Nyrstar shareholders to sue commodities trader Trafigura for $1.6 billion
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LONDON (Reuters) - Minority shareholders in zinc producer Nyrstar are seeking 1.48 billion euros (1.28 billion pounds) in damages from global commodities trader Trafigura [TRAFGF.UL] over the restructuring of the Belgian firm, the shareholders' lawyer said on Saturday. Nyrstar was on the brink of bankruptcy before Trafigura stepped in. The Geneva-based trader has a 24.4% stake in the Belgium-listed firm. The statement outlines for the first time the total damages sought by the minority..