30.09.2008 - Russia's Polyus Gold looking at buying majority stake in Kazakhgold
From Mineweb.com: The board of Russia's top gold producer Polyus Gold will discuss buying a 50-percent-plus-one-share stake in Kazakh gold miner Kazakhgold at a meeting today. The news agency quoted an unnamed source close to Polyus' shareholders as saying that the acquisition may be for cash and Polyus shares. Kazakhgold said in a statement that it had received an offer to sell 50.1 percent of its share capital for a mix of cash and shares, although it did not say who had made the offer...... Full Article: Source
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