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Article: Alrosa denies offering to buy Polyus Gold shares (Part 2).
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- June 6, 2008
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Alrosa denies offering to buy Polyus Gold shares (Part 2)
MOSCOW. June 6 (Interfax) - Alrosa (RTS: ALRS), Russia's Yakutia- based diamond monopoly, denied making an offer to buy a 6.54% block of quasi-treasury shares in No 1 Russian gold producer Polyus Gold (RTS: PLZL).
Polyus said that Alrosa had offered to buy the 12.48 million shares, held by the BVI-registered Jenington International Inc., "at a fair price." The gold producer said the offer would expire on Friday evening. It did not say whether the offer would be accepted.
But an official representative of Alrosa told Interfax on Friday that Alrosa had made no such offer. "This is not ...