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Bloomberg reported OAO Alrosa (MCX:ALNU) will bid for OAO Nizhne-Lenskoye to gain access to alluvial gem deposits.
Bloomberg reported OAO Alrosa (MCX:ALNU) will bid for OAO Nizhne-Lenskoye to gain access to alluvial gem deposits.
As quoted in the market news:
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.