Zelimkhan Mutsoev, a shareholder in potash producer OAO Uralkali, purchased 18.5 percent for $1.77 billion and Gavriil Yushvaev, the former owner of dairy and juice maker Wimm-Bill- Dann, acquired 19.3 percent for $1.85 billion, according to a statement today from Prokhorov’s holding company Onexim Group.
The buyers were proposed by billionaire Suleiman Kerimov’s Nafta Moskva investment firm, controlling 40 percent of Polyus, three people with knowledge of discussions said in January. They funded the deal with loans from state-run VTB Group, the people said, asking not to be identified as the matter was private.
Read the whole story here: Billionaires Buy Prokhorov’s Polyus Stake for $3.62 Billion - Bloomberg
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