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    gold investing

    Polyus and Polymetal Considering Merger

    Investing News Network
    Jan. 26, 2012 09:46AM PST
    Precious Metals Investing

    Bloomberg reported that the owners of Polymetal International (LSE:POLY) and Polyus Gold (LSE:POLG) are mulling the possibility of a merger.

    Bloomberg reported that the owners of Polymetal International (LSE:POLY) and Polyus Gold (LSE:POLG) are mulling the possibility of a merger.

    As quoted in the market news:

    Any deal may be about $6.9 billion, based on the current value of Polymetal on the London Stock Exchange. Polyus has a market value of about $10 billion.

    Click here to read the full Bloomberg report.

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