Prokhorov Exits Commodities With Polyus Stake Sale

Jan. 24 (Bloomberg) -- Bloomberg's Ryan Chilcote reports that Billionaire Mikhail Prokhorov’s Onexim Holdings Ltd. agreed to sell his entire stake in Polyus Gold International Ltd. to a group of investors as he diversifies from commodities. He speaks from the World Economic Forum in Davos on Bloomberg Television's "The Pulse."
What You Need to Know: Fed, Facebook, Samsung
09:08 - Bloomberg's Jonathan Ferro briefs you on the top stories of the day.
  • Garuda to Decide Between Airbus, Boeing for Wide-Bodies
  • Fed Will Hike Rates in September: Von Pfeil
  • Samsung Stock 'Ridiculously Cheap': Bernstein's Newman