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Vedomosti Suleiman Kerimov |
Shares of major European and North American potash producers jumped on speculation that a sale might lead Uralkali to rejoin an export partnership with state-owned Belaruskali, averting a possible collapse in prices for the soil nutrient.
Speculation that Kerimov has been trying to sell his 21.75 percent stake, held through his foundation, has mounted since Uralkali triggered a row with Belarus by pulling out of a cartel in July that controlled about 40 percent of the world's potash.
The reports could not be immediately confirmed but Kogan — a financier and former state official once dubbed "Putin's banker" — has been linked by media to such a deal for a week."
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