In contrast with their stable counterparts bearing the chelating diphosphines, the nickelacyclic O -enolate complexes stabilized by monodentate ligands (R = H, Me, L = PMe 3; R = H, L = PMe 2 Ph ) undergo an unusual self-addition process leading to dinuclear alkoxo-hydroxo derivatives. The α-substituted enolate complexes (R = Me) are less prone to undergo this transformation, and the corresponding nickelacycles with L = PMe 3 or PMe 2 Ph can be isolated in pure form.