UGMK to purchase a company from M. Prokhorov, the latter to invest into politics
Edited by Rhod Mackenzie / 2013-03-26 05:51:03
M. Prokhorov announced of the sale of one of his main assets – Intergeo which comprises the copper deposit Ak-Sug and nickel deposit Kingash. Experts say M. Prokhorov’s revenue might be about $800 mln and UGMK of I. Makhmudov and A. Kozitsyn is said to be the most likely purchaser of the assets. “Russian platinum” of M. Bazhaev shows interest in Intergeo.
However, none of the companies try to announce of the coming deal, it is a secret, and experts can only speculate about the new conditions of the sale. UGMK has already started to study the documentation on the deposits and conditions of the production. The deal might be signed in the coming 2-3 months.
