FARM BUSINESS NEWS
Billionaire Mulls Uralkali Stake Sale
Tue Sep 10, 2013 03:07 PM CDT

MOSCOW (Dow Jones) -- The Russian billionaire who is the main shareholder in potash giant OAO Uralkali is in talks to sell his stake in an effort to defuse a bitter conflict with Belarus, where authorities have jailed Uralkali's CEO, according to a person familiar with his thinking.

"If selling his stake will help get this man released, then he's ready to sell his stake," this person said, referring to billionaire shareholder Suleiman Kerimov, whose foundation controls 21.7% of Uralkali. Mr. Kerimov himself is the subject of an arrest warrant from Belarus, as well.

Bidders include a number of other ...

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