March 20, 2012 / 8:18 AM / 6 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.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below