Gunvor Group Ltd., the global commodity trader part-owned by Russian billionaire Gennady Timchenko, has no plans to acquire OAO Kuzbassrazrezugol, Russia’s second-largest producer of coal for power stations.
Gunvor hasn’t been in talks with Kuzbassrazrezugol, Anton Kurevin, a Moscow-based spokesman for Gunvor, said in an e-mailed response to questions today.
