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India Gets 1st Right to Buy Stake in Potash-Maker Belaruskali
Oct. 04, 2011 10:55AM PST
Potash InvestingBusiness Standard reported that India has right of first refusal on a stake in the potash producer Belaruskali.
Business Standard reported that India has right of first refusal on a stake in the potash producer Belaruskali.
As quoted in the market news:
According to sources, either Indian government itself could acquire the stake or make a joint bid with a consortium of private fertiliser companies. They also mentioned that even if the Belarus government decides to sell the stake, it may not exceed 20%. The Belarus government has not yet done the valuation of the company.
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