Bloomberg News

Anisimov Seeks Metalloinvest Stake Bids by Dec. 16, Notice Shows

December 06, 2011

Dec. 6 (Bloomberg) -- Billionaire Vasily Anisimov is seeking offers by Dec. 16 for his 20 percent stake in Metalloinvest, Russia’s largest iron ore producer, a newspaper advertisement shows.

Anisimov’s Coalco Metals Ltd. has appointed Deutsche Bank AG in London to advise on the sale, according to the notice, dated Nov. 25 and published in the Financial Times. Anisimov planned to sell the stake to OAO Sberbank, Russia’s biggest lender, for about $2.5 billion, Vedomosti reported in March.

A portion of the Metalloinvest stake is the subject of a U.K. High Court claim, and the court’s permission will be sought Dec. 7 to allow the transaction, the notice shows.

Russian billionaire Boris Berezovsky is seeking a 5 percent Metalloinvest stake from Anisimov in a suit filed in London, Vedomosti reported in 2009.

Anisimov couldn’t immediately reached by telephone for comment today.

--Editors: John Viljoen, Torrey Clark

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To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net -0- Dec/06/2011 11:23 GMT


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