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Date: 24-Mar-2017:



USDINR opened at 65.51 and closed at 65.41 on Metropolitan Stock Exchange of India In India.


Monday, June 6, 2011

Polyus Said The Company Held Talks With Both Newcrest


A separate source close to Polyus said the company held talks with both Newcrest and AngloGold three or four years ago, but had since had only occasional discussions. Polyus's co-owner and chief executive Mikhail Prokhorov said last month he was seeking an international merger partner for Polyus and was hoping to complete a deal by the end of the year.

Prokhorov, Russia's third-richest man, with a fortune estimated at $18 billion by Forbes magazine, has long talked about putting Polyus on the global stage via a merger with a multinational player. And the company recently resolved a long-running legal dispute with owners of another partner, Kazakh Gold.

Kerimov is an ally of Russian Prime Minister Vladimir Putin, whose approval for a Polyus deal would be required under a 2008 law on foreign investment in strategic sectors of the economy.

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