Saturday 16 November 2013

Uralkali Owner Said to Seek Sale Accord as Soon as Next Week - Bloomberg

Uralkali Owner Said to Seek Sale Accord as Soon as Next Week - Bloomberg:

"Billionaire Suleiman Kerimov and his business partners in OAO Uralkali may reach an agreement to sell their joint 33 percent stake as soon as next week, according to four people with knowledge of their discussions.
Billionaire Mikhail Prokhorov’s Onexim Group is the front-runner to take control of the world’s largest potash maker and may later bring in partners, the people said, asking not to be identified because the talks are private. The stock extended gains to 5 percent in Moscow today after the news, raising the stake’s value to about $5.2 billion."

'via Blog this'

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