Renova quits Petropavlovsk after recent intervention

Just six months after Renova Group helped take down Petropavlovsk’s (LN:POG) longstanding board, it has completely sold out of the gold miner.

Renova chairman Viktor Vekselberg pictured here with Russian president Vladimir Putin in a file photo from 2017

The Russian firm, owned by billionaire Viktor Vekselberg, sold its 14% direct stake in the miner on December 22.

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