March 20, 2012 / 8:18 AM / 5 years ago

Polyus confirms will not take key step for FTSE bid

MOSCOW, March 20 (Reuters) - Gold miner Polyus Gold , part controlled by tycoon Mikhail Prokhorov, said on Tuesday it is pulling its application to create a new parent company, part of its plan to gain a full London listing with inclusion in the prestigious FTSE 100 index.

A spokesman for Polyus, currently domiciled in Jersey, said on Monday that it had dropped its bid to move to London - an ambition seen as a first step to doing an international merger deal.

In a statement on Tuesday, Polyus said it filed a request to withdraw its application for approval for creating a parent company.

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