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Sberbank increases stake in Talitsky potash project

Published by , 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.

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