Belarus vs Uralkali: light at end of tunnel? | beyondbrics:
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It’s official: billionaire Suleiman Kerimov, formerly the main shareholder of Uralkali, the Russian potash miner, has sold his stake in the company. The buyer is Onexim Group, controlled by Mikhail Prokhorov, another Russian billionaire best known internationally for his ownership of the US basketball team the Brooklyn Nets.
The main question now is, will the sale lead to a conclusion of the long-lasting dispute between Uralkali and the Belarusian authorities?
On Monday, Onexim said it had agreed to buy a 21.75 per cent stake in Uralkali from the Switzerland-based Suleiman Kerimov Foundation. Onexim said in a statement:"
'via Blog this'
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