Russian gold miner Polyus says deal with China's Fosun scrapped
Among the reasons cited is the arrest of Russian tycoon Suleiman Kerimov, whose family controls the company
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Moscow
RUSSIA'S largest gold miner Polyus said on Monday that plans to sell a 10 per cent stake to a consortium led by China's Fosun International had been dropped after one of the conditions of the agreement was not met.
Russia, the world's third-largest gold producer, had been looking for investments from Asian countries, including China, since sanctions were imposed on Moscow by the West over its actions in Ukraine.
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