Polyus Gold International Increases Stake in Russian Unit

Bloomberg reported that Polyus Gold International Ltd. (LON:KZG) has acquired a higher stake in its Russian unit.

The market news is quoted as saying:

Polyus Gold International, formerly named KazakhGold Group Ltd., completed the purchase of about 89 percent of OAO Polyus Gold in July to inject the Russian operation’s assets into the U.K.-listed company and boost the group’s access to investors abroad.

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