OAO Alrosa, Russia’s largest diamond miner, plans to bid for OAO Nizhne-Lenskoye, a competitor in Yakutia region that mines alluvial gems.
Alrosa applied to the antitrust regulator for permission to acquire Nizhne-Lenskoye from the regional government, the watchdog said today on its website. Andrey Polyakov, a spokesman for Mirny, Siberia-based Alrosa, confirmed the application.
