Deals
Polyus Gold Climbs on Report Potanin Sold All Shares to Kerimov
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OAO Polyus Gold climbed for the second time this week in Moscow trading after a Vedomosti report that billionaire Vladimir Potanin sold all of his shares in Russia’s biggest gold producer to billionaire Suleiman Kerimov.
Kerimov bought a 15 percent stake in Polyus from Potanin on April 15 after his purchase of 22 percent in March, the newspaper said, citing unidentified people familiar with the situation. Potanin’s Interros holding company and billionaire Mikhail Prokhorov’s Onexim Group are untangling their business partnership.