Indian companies wish to acquire 30% stake in Acron potash project

By James Sean Dickson
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...

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