Belaruskali Investment Talks Stalled
Investing News Network - December 8th, 2011
MSN India reported that no progress has been made on India’s bid for a stake in Belaruskali.
MSN India reported that no progress has been made on India’s bid for a stake in Belaruskali.
As quoted in the market news:
The government had recently sent a team to assess stake purchase in Belaruskali, one of the world”s biggest producers and suppliers of potash. In a previous meeting, sources said, the Belarus government had agreed to give “right of first refusal” (ROFR) to India if it plans to dilute its stake in Belaruskali.