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Russia-IC / News Archive / Russian Business and Law News / Prokhorov's Onexim Sells Polyus Gold to Buy Rostelecom
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Prokhorov's Onexim Sells Polyus Gold to Buy Rostelecom
22.02.2013 22:15
Prokhorov's Onexim Sells Polyus Gold to Buy Rostelecom
Photo Credit: http://top.rbc.ru

Billionaire Prokhorov’s Onexim group has sold 37.78 percent of Polyus Gold International Limited.


      
Lizarazu Limited, controlled by MP Zelimkhan Mutsoev, acquired 18.5 percent for $1.7 billion while Gavriil Yushvaev’s Receza Limited got 19.28 percent for $1.8 billion.

      
The funds raised in two deals will be used to buy out a stake in Rostelecom, RIA Novosti news agency quotes anonymous sources as saying.  



Author: Mikhail Vesely

Tags: Prokhorov Onexim Polyus Gold Rostelecom  
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