Billionaire duo shortlisted for Polyus stake-sources
MOSCOW Jan 29 (Reuters) - Billionaires Zelimkhan Mutsoyev and Gavriil Yushvayev have been shortlisted as possible buyers of a 38 percent stake in Russia's largest gold miner, Polyus Gold International Ltd, three sources familiar with the matter said on Tuesday.
Tycoon-turned-politician Mikhail Prokhorov is looking to sell his $4 billion stake in London-listed Polyus, and a proposed deal is now being reviewed by the U.K. Takeover Panel.
At issue is whether the buyers are acting independently, or whether they form a so-called "concert party" with Suleiman Kerimov, who owns 40 percent of Polyus. In the latter case, a deal would trigger a mandatory offer to buy out minorities.
- Tweet this
- Share this
- Digg this
- Pro-independence Scots narrow gap to victory ahead of vote - poll
- UK's fate in the balance as poll shows record support for Scottish independence
- Kremlin adviser says military strategy to reflect Ukraine crisis, NATO expansion - RIA
- Russian forces strengthening positions in Ukraine - Kiev military
- Europe drafts emergency energy plan with eye on Russia gas shut-down