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Markets :: Basic Chemicals :: Inorganic Chemicals :: Fertilizers
Uralchem and Onexim gain joint control of Uralkali
9:17 AM MST | December 2, 2013 | Natasha Alperowicz
Uralchem investors, led by owner Dmitry Mazepin, have agreed to buy 20% in Uralkali, the world's largest potash producer, Uralchem said today. The news follows Mikhail Prokhorov's Onexim Group's recent acquisition of Suleiman Kerimov's 21.75% stake in Uralkali. The shareholding gives the two joint control of Uralkali. Uralchem's shareholders agreed to buy Moscow-traded shares and global depositary receipts, including Anatoly Skurov's and Filaret Galchev's holdings. Meanwhile, Acron (Velikiy Novgorod, Russia) said today that it has sold a portion...
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