VTB Group is acting as sole financial advisor and provider of financing for Polyus Gold acquisition
Wandle currently owns 40.2% of Polyus Gold. The acquisition of Polyus Gold shares not already owned by Wandle is being financed by VTB Group for a total amount of up to US \\$5.5bn. The transaction represents one of the largest M&A deals in the UK market in the last three years.
The total value of the company based on Wandle’s offer represents US \\$9bn for all Polyus shares in issue.