AO 'BTS-Most Holding' acquired a 67.2% stake in PAO 'Yuzhuralzoloto…
AO 'BTS-Most Holding' acquired a 67.2% stake in PAO 'Yuzhuralzoloto Group Companies' (YGK) through a Dutch auction, becoming the controlling shareholder; the company was subsequently renamed to 'BTS-Zoloto', and Oleg Shiryayev became its new head.
Consensus
- AO 'BTS-Most Holding' acquired 67.2% of PAO 'Yuzhuralzoloto Group Companies' (YGK) on July 16.
- The acquisition was conducted through a Dutch auction organized by Rosimushchestvo.
- The new owner now holds 149,816,388,208 ordinary shares of YGK.
- YGK changed its name to 'BTS-Zoloto' in July.
- Oleg Shiryayev became the head of the company after the acquisition.
- The transaction price was 93.2 billion rubles.
Points of divergence
- 'BTS-Most Holding' has not yet commented on its plans regarding a public offer, as required by law after acquiring more than 30% of shares in a public company. — kommersant
- The auction price was 93.2 billion rubles; 'BTS-Most Holding' paid the full amount to Rosimushchestvo on July 6, and confirmed ownership of related companies acquired in the same auction. — vedomosti
- 'BTS-Most Holding' previously belonged to Russia through Rosimushchestvo before the acquisition. — kommersant
- The initial auction price was 140.4 billion rubles, and the total value of assets formerly owned by Konstantin Strukov and related parties was 162 billion rubles. — vedomosti
Coverage (2 sources)
- «BTS-Most Holding» becomes owner of 67.2% of YugK shares — Коммерсантъ
- BTS Holding becomes owner of 67.25% of Yuzhuralzola — Ведомости