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Polyus rejects Kerimov takeover bid

Russia’s Polyus Gold has rejected a revised offer for the company from the billionaire Kerimov family, its largest shareholder with 40%, saying it “materially undervalues” the group.

Polyus rejects Kerimov takeover bid Polyus rejects Kerimov takeover bid Polyus rejects Kerimov takeover bid Polyus rejects Kerimov takeover bid Polyus rejects Kerimov takeover bid

Blasting at Polyus's Olimpiada mine, Russia

The Kerimov vehicle, Wandle, said it would offer US$2.97 per share in cash, valuing the group at $9 billion.

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