Russia Sells Seized Yuzhuralzoloto Stake for $1.3 Billion, About Half Original Target
worldrussiabusinessmergers-acquisitions 2 posts · 2 accounts
Russia sold a 67.2% stake in Yuzhuralzoloto, a gold miner it seized from a billionaire last year, for $1.3 billion.
The sale followed multiple attempts and fetched about half the price originally sought, according to the reports.
From the sources (2 posts)
@cointelegraph🚨 GOLD: Russia sold a 67.2% stake in seized gold miner Yuzhuralzoloto for $1.3B.
@businessRussia sold a top gold miner that it seized from a billionaire last year, though only after multiple attempts and for about half the price it originally sought