Uralkali: units close to Mikhail Prokhorov buy further 5.34% stake
Units close to the Russian entrepreneur Mikhail Prokhorov have acquired a further 5.34% stake in the Russian potash company Uralkali, Vedomosti wrote.
The Russian daily reported the information citing a source close to Prokhorov's Onexim Group, who did not name vendors.
According to an earlier Bloomberg report, a 5% stake in Uralkali was owned by units close to Suleiman Kerimov, said Vedomosti. A spokesperson for Kerimov’s investment company Nafta Moskva declined to comment on the situation, the paper reported.
The paper also cited an Onexim spokesperson, who confirmed the group had acquired a 21.75% stake in Uralkali, from Kerimov’s fund Suleyman Kerimov Foundation.
Another 20% stake in Uralkali, including 11.8% held by Filaret Galchev and Anatoly Skurov, has been acquired by the Russian chemical firm Uralchem, Vedomosti also reported, citing an Uralchem statement.
According to sources close to various parties of the deal, Uralchem’s Deputy Chairman Dmitry Osipov will become Uralkali's new CEO, Vedomosti reported.
On Friday (20 December), Uralkali’s market cap stood at USD 15.6bn on LSE, the paper added.
Source Vedomosti