June 2, 2020 / 5:02 PM / 2 months ago

Kazakhstan to reduce stake in uranium miner Kazatomprom

ALMATY, June 2 (Reuters) - Kazakh sovereign wealth fund Samruk-Kazyna plans to sell a stake of 4.55% in the world’s biggest uranium miner, Kazatomprom , for about $150 million, deal managers led by Citigroup said on Tuesday.

The sale will be the third by Samruk-Kazyna after the initial listing in 2018 and a secondary placement last year. After the planned deal, Samruk-Kazyna will own a 76.7% stake in Kazatomprom. (Reporting by Olzhas Auyezov Editing by David Goodman )

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below