Businessweek

Zelimkhan%20Mutsoev%20and%20Gavril%20Yushvaev%20acquired%2037.78%25%20stake%20in%20Polyus%20Gold%20International%20Limited%20%28LSE%3APGIL%29%20from%20The%20ONEXIM%20Group%20for%20%243.6%20billion%20on%20February%2022%2C%202013.%20VTB%20Capital%20provided%20financing%20to%20Zelimkhan%20Mutsoev%20and%20Gavril%20Yushvaev.%0D%0A%0D%0AVTB%20Capital%20acted%20as%20financial%20adviser%20to%20one%20of%20the%20purchasers.%20Ben%20Davies%2C%20Christopher%20Nicholls%20and%20Jamie%20Riddell%20of%20JPMorgan%20Cazenove%20Limited%20acted%20as%20financial%20advisor%20for%20Polyus%20Gold.%20SG%20Corporate%20%26%20Investment%20Banking%20acted%20as%20financial%20advisor%20for%20ONEXIM%20Group.%20Mikhail%20Irzhevsky%2C%20Neil%20Radford%2C%20Martin%20Nelson-Jones%2C%20Maria%20Borodina%2C%20Yulia%20Nepochatova%2C%20Evgeniya%20Timchenko%20and%20Graham%20Kirk%20of%20Freshfields%20Bruckhaus%20Deringer%20LLP%20acted%20as%20legal%20advisor%20for%20Gavriel%20Yushvaev.%20Alexei%20Roudiak%20and%20Mark%20Bardell%20of%20Herbert%20Smith%20Freehills%20acted%20as%20legal%20advisor%20to%20Onexim%20Holdings.%20Leonard%20Cleland%2C%20John%20Fenemore%2C%20Alison%20Chan%2C%20Natalia%20Wise%2C%20Isabella%20Gill%2C%20Tess%20Trepak%2C%20Elizabeth%20Turner%2C%20Sarah%20Rudd%2C%20David%20Lewis%2C%20Catriona%20Llanwarne%2C%20Matthew%20Grigg%20and%20Owen%20Lysak%20of%20Clifford%20Chance%20acted%20as%20legal%20advisor%20to%20VTB%20Capital.%20Gary%20Thorpe%2C%20Katie%20Lamb%2C%20Carl%20Hotton%2C%20Lucy%20Pugh%2C%20Chris%20Lenton%20and%20Susannah%20Amini%20of%20Clyde%20%26%20Co%20LLP%20acted%20as%20legal%20advisor%20to%20Zelimkhan%20Mutsoev.

Jenington%20International%20Inc.%20and%20Polyus%20Gold%20International%20Limited%20%28LSE%3APGIL%29%20acquired%20additional%200.25%25%20stake%20in%20OJSC%20RBC%20%28MICEX%3ARBCM%29%20on%20December%2021%2C%202012.%20As%20a%20part%20of%20the%20transaction%2C%20Polyus%20Gold%20International%20increased%20the%20stake%20held%20from%204.95%25%20to%205.2%25.

Jenington%20International%20Inc.%20and%20Polyus%20Gold%20International%20Limited%20%28LSE%3APGIL%29%20acquired%20additional%200.25%25%20stake%20in%20OJSC%20RBC%20%28MICEX%3ARBCM%29%20on%20December%2021%2C%202012.%20As%20a%20part%20of%20the%20transaction%2C%20Polyus%20Gold%20International%20increased%20the%20stake%20held%20from%204.95%25%20to%205.2%25.

An%20unknown%20buyer%20entered%20into%20an%20agreement%20to%20acquire%20Norox%20Mining%20Company%20Ltd.%20from%20Polyus%20Gold%20International%20Limited%20%28LSE%3APGIL%29%20for%20%241%20million%20in%20cash%20on%20December%2018%2C%202012.%20In%20a%20related%20transaction%2C%20Institute%20Project%20B.V.%20entered%20into%20an%20agreement%20to%20acquire%20JSC%20Kazakhaltyn%20MMC%20from%20Romanshorn%20LC%20AG%20LLC%20for%20%2410%20million%20on%20December%2018%2C%202012.%20The%20consideration%20is%20payable%20at%20completion%20of%20the%20transaction.%20Completion%20of%20the%20transactions%20is%20subject%20to%20the%20receipt%20of%20all%20necessary%20governmental%20consents%2C%20approvals%20and%20waivers%20in%20Kazakhstan.%20The%20transaction%20agreements%20may%20be%20terminated%20if%2C%20among%20other%20things%2C%20the%20conditions%20to%20completion%20are%20not%20satisfied%20on%20or%20before%20April%201%2C%202013.%20The%20transaction%20is%20not%20expected%20to%20have%20any%20material%20effect%20on%20the%20ongoing%20operations%20or%20profitability%20of%20Polyus%20Gold%20International%2C%20parent%20of%20Romanshorn.%20The%20net%20proceeds%20will%20be%20utilized%20for%20general%20corporate%20purposes.