VTB’s President Andrei Kostin mentioned that, “We are interested in a deal worth at least $2 billion with Polyus Gold. The management of Alrosa has asked us to finance the deal, where we will act as the lending bankâ€, although no preliminary agreement has been signed as yet.
Alrosa’s intent to buy a 25% stake in Polyus Gold has attracted Russia’s second largest state owned bank Vneshtorgbank (VTB). The bank has indicated to lend a financial support of at least US$2 billion to Alrosa’s deal.
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