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Belarus Ready To Sell Potash Firm Stake At $30 Billion Valuation

Investing News Network
Oct. 07, 2011 11:16AM PST
Potash Investing

Fox Business reported that Belarus is keen to sell a stake in Belaruskali if the bidder values the whole company at $30 billion.

Fox Business reported that Belarus is keen to sell a stake in Belaruskali if the bidder values the whole company at $30 billion.

As quoted in the market news:

“The one who pays more, that one will buy it,” [President] Lukashenko said, assuming at least one bid values the entire company at $30 billion. Russia’s OAO Uralkali is seen as a possible bidder for Belaruskali, and a merger of the two potash companies would create the biggest producer.

Click here to read the full Fox Business report.

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