Polymetal International, a gold producer, has closed a deal related to the sale of its Russian assets (100% of shares of Polymetal JSC) to Mangazeya Plus four days after its shareholders approved the deal, the company said in a statement.
«We are glad that our shareholders have supported the sale of our Russian assets. Now, when the deal is closed and all risks are gone, the company’s management is going to reveal a new strategy and capital distribution policy in May,» said Vitaly Nesis, executive director of Polymetal.
The company was evaluated at $3.69 billion...