Polyus Gold plans further merger after KazakhGold RTO - CEO

摘要

Polyus Gold expects to complete a reverse takeover (RTO) of KazakhGold by July 25 and use the resulting listing for another merger, the Russian gold miner's CEO, German Pikhoya, told the Financial Times. The company intends to create one of the world's leading gold miners and is looking for opportunities to combine with leading world players, he told the paper. After listing in London, Polyus Gold intends to be listed on the FTSE100. Polyus Gold has been removed from Russia's RTS due to the RTO.