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Sale of Polyus-Gold stake to billionaire Kerimov approved


NOVO-OGARYOVO, June 8 (RIA Novosti) - The government commission for foreign investment has approved the sale of a stake in Russia's largest gold miner, Polyus Gold, to Russian billionaire Suleiman Kerimov, the Federal Antimonopoly Service said on Monday.

According to official information, Russian billionaire Mikhail Prokhorov, owner of investment vehicle Onexim Group, and his former business partner Vladimir Potanin who heads the Interros holding company, hold 30% each in Polyus Gold.

According to unofficial information, Nafta-Moskva investment group owned by Kerimov has consolidated 37% in Polyus Gold by purchasing Potanin's stake.

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