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31
May
2017
China's Fosun buys 10% stake in Russia's Polyus for $887mBy:M&A Russian tycoon Suleiman Kerimov's family said on Wednesday they were selling 10% of Russia's top gold producer Polyus to a consortium of investors led by China's Fosun International for $887-million.
Fosun, an acquisitive Chinese conglomerate, has been in talks since last year to buy a Polyus stake.
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