Uralkali and Silvinit merger to create Russian potash giant
Published: Tuesday, 21 December 2010
Deal backed by billionaire Suleiman Kerimov to form world’s number two producer
Russias two potash producers, Uralkali and Silvinit, have
agreed terms on a merger to create the worlds second
largest producer of the fertiliser mineral.
The proposed deal will see Uralkali acquire 20% of
Silvinits shares at $894.5 per share, or a cash