News  >  Breaking News  >  Fosun International Plans to Buy Stake in Russia's Largest Gold Miner

Fosun International Plans to Buy Stake in Russia's Largest Gold Miner

By Editing NAI
04/13/2017 10:49 p.m.

China’s Fosun International Ltd. [HKG:0656] plans to buy a stake in Russia's largest gold mining concern.

The target is Polyus Gold International Ltd., said Igor Shuvalov, Russia’s first deputy prime minister, as Interfax news agency reported April 12.

Shuvalov disclosed no further details of the deal.

Fosun International was already in exclusive talks to buy a large minority stake in Polyus last year, Reuters news agency reported in November.

Source: Yicai Global 



Comments

No Comments


Please to leave a comment.


Related News

Gold prices climb
05/23/2017 7:07 p.m.
China's Huawei enters PC market to take on Lenovo, HP, Dell
05/23/2017 7:03 p.m.
Biotechnology incubator opens doors in Boston
05/23/2017 4:58 p.m.
Beijing's CANbridge Raises $25 Million for Immuno-Oncology Drugs
05/23/2017 3:54 p.m.
Jia Yueting Resigns Leshi Role As Investor Sunac Pushes For Change
05/22/2017 4:16 p.m.

Upcoming Events More