New records

London news

Mikhail Prokhorov sells $3.6bn Polyus Gold stake



Russian billionaire Mikhail Prokhorov has sold his 37.78 per cent stake in Polyus Gold to two Russian buyers, in a deal worth $3.6bn (?2.3bn).

Prokhorov’s vehicle Onexim group said this morning that it had sold 18.5 per cent had been sold to Zelimkhan Mutsoyev for $1.77bn, and 19.28 per cent to Gavrill Yushvayev for $1.85bn.

The deal had been under review by the UK Takeover Panel over whether retail tycoon Mutsoyev and fruit juice magnate Yushvayev were acting in concert.

If the pair had been found to form a concert party together, or in relation to existing shareholder Suleiman Kerimov, who owns 40 per cent of Polyus, the deal would have triggered a mandatory buyout to minority shareholders.

CATEGORY: Newsagents - Retail

Pages: [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17]

1st Edition A & A Newsagents A & M Enterprises A & M Newsagents
A B Damani A Boshar A J News A M I Newsagent
A N News A1 News Adenhope Ahmed Newsagents Ltd.
Akmal Newsagents Alif Newsagent Amaan News Ambe Shops
Amber News Amies Andrew's Andys News
Angel News Anns Anubhai & H Patel Ardent News
Ash News Awan News B & M News B A Allan Ltd.
B A Newsagent & Off-Licence B K & C S Bopara B T News Barbican News
Barker & Howard Ltd. Barking Newsagents Barot's Beaumont Newsagents
Belmore News Bennetts of London Billy's News Binta Newsagents
Blackwell's News Bobalot Bob's News Brayford News
Broadway Confectioners Browsers Welcome Limited C T M Newsagents Candy Shell
Candy Shop Candy's Newsagents Capworth News Chanawala,Abdul H,
Chandu Shah Chawla Newsagents Chedan & Chirog Chirag News
Christian Resource Centre City Minimarket City News City Newsagent
City Road Kiosks City Shop Clapton Newsagents Clarence News
Cleveland Newsagent Comtax (Uk) Ltd Corner News Coronation News
Crown Newsagents D & H News D R Patel Dallas News
Day,June, Days Newsagents Debbies Desborough
Devi Dayal Newsagents Docklands Newsagent East End News & General Store East Ham Newsagents
Ekta News Evans & Witt Fairways Famous News
Forbuoys Foxwells Garey Newsagents Georges Name of the Game
Gitu Patel Globe Food & Wine Goldbond Ltd. Good News
Goodmorning Panwalla Grangewood Newsagents Great News Griffiths
H & K News H & M News Harrow Green Newsagents Hashack Enterprises