Sberbank increases stake in Talitsky potash project
Published by Anna Nicklin,
Assistant Editor
World Fertilizer,
Acron Group has received a notification that Sberbank Investments has exercised its pre-emptive right to buy Vnesheconombank’s stake in the Talitsky potash project.
Sberbank is set to increase its stockholding after a public auction for the sale of shares in Verkhnekamsk Potash Company. This increases Sberbank’s stake in VPC to 39.9%.
Acron Group holds 60.1% in VPC.
Read the article online at: https://www.worldfertilizer.com/potash/14082017/sberbank-increases-stake-in-talitsky-potash-project/
You might also like
Bifox acquires phosphate rock project in Peru
Bifox has entered into an agreement to acquire the 550 million t Bayovar 9 Phosphate Rock Project in Peru, positioning Bifox to become one of the leading global phosphate rock suppliers.
