Announced
Financials
Tags
Pending
Private Equity
Single Bidder
Friendly
Russian Federation
Majority
Domestic
Platinum and Precious Metals
gold
Acquisition
Private
Synopsis
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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