Uralkali and Silvinit merger to create Russian potash giant

By Mark Watts
Published: Tuesday, 21 December 2010

Deal backed by billionaire Suleiman Kerimov to form world’s number two producer

Russia’s two potash producers, Uralkali and Silvinit, have agreed terms on a merger to create the world’s second largest producer of the fertiliser mineral.

The proposed deal will see Uralkali acquire 20% of Silvinit’s shares at $894.5 per share, or a cash consideration of...

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