At what price did the Kerimov family sell their stake in Polyus Gold?
$4.3 billion
$5.3 billion
$6.3 billion
$7.3 billion
Answer
The Kerimov family sold their 25.4% stake in Polyus Gold for $6.3 billion, which is 35% higher than the previous price. This sale is part of the family's efforts to reduce their debt, which is estimated to be around $10 billion. The sale also marks the end of the Kerimov family's control of Polyus Gold, which they have owned since 2006.
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