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New Deal


Announced

Polyus to acquire the remaining 22% stake in SL Gold from RT Business Development for c. $128m.

Financials

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Transaction Value£100m
Consideration TypeCash
Capital Owned78%
Capital Bid For22%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Private Equity

Single Bidder

Friendly

Russian Federation

Majority

Domestic

Platinum and Precious Metals

gold

Acquisition

Private

Synopsis

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Polyus, which offers mining services, agreed to acquire the remaining 22% stake in SL Gold, a gold mining company, from RT Business Development, an asset management company, which carries out financial and industrial projects, for c. $128m. In 2017-2020, Polyus acquired a 13.2% stake in SL Gold for a total consideration of approximately $76m under cash option agreements. The outstanding instalments amount to approximately $63m for a 10.7% participation interest in SL Gold.

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