Russia: Nordgold to buy back $118 million GDRs under LSE delisting
Gold mining company Nordgold, controlled by Russian businessman Alexei Mordashov, may acquire global depositary receipts (GDRs) from minority shareholders for $118 million with own funds in the framework of a planned delisting from the London Stock Exchange (LSE), CEO Nikolai Zelensky said. Earlier Nordgold confirmed its LSE delisting plans and said it had offered to…