Indian companies wish to acquire 30% stake in Acron potash project
Published: Monday, 13 October 2014
India is an important and import reliant fertiliser market, buyback supply deals are therefore a strong asset to fertiliser suppliers. Indian ownership of the stake will be delegated to a public corporation of several companies.
The Indian government is to acquire a 30% stake in Russian
potash producer Acron OAO's Talitsky project, according to
Business Standard, in a deal that will also involve a
buyback agreement for exclusive potash supply to India.
In order to...