Samruk-Kazyna Buys Stake in Kazzinc
Posted on 02/07/2013
Samruk-Kazyna has taken a 29% stake in Kazzinc, a Glencore-controlled zinc producer, for an undisclosed price. Glencore International AG owns 69.61% of Kazzinc. The shares were purchased from Verny Capital JSC, a private equity company. Founded in 1997, Kazzinc was founded by the merger of Eastern Kazakhstan’s three core non-ferrous metal companies which were owned […]
