M. Prokhorov has left Polyus

The businessman has sold his stake in the gold mining company.

M. Prokhorov has sold almost 38% in Polyus Gold for $3.6 bln to the structures of the co-owner of Uralkalii, Z. Mutsoev and a former shareholder of the group “Wimm-Bill-Dann”, G. Yushvaev. Participants of the market think the buyers act in the interests of S. Kerimov that holds 40.2% of Polyus and thus avoiding making an offer to the minority shareholders. Onexim of M. Prokhorov says the funds from the sale of the package will go for his investment projects. Sources of Kommersant name one of the variants of investment could be the purchase of 10.5% of Rostelekom from K. Malofeev but the parties can’t agree on the price.

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