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No Plans to Sell Control of Belaruskali

Investing News Network
May. 15, 2012 09:41AM PST
Potash Investing

Bloomberg reported that Belarus does not intend to sell a controlling interest in Belaruskali.

Bloomberg reported that Belarus does not intend to sell a controlling interest in Belaruskali.

As quoted in the market news:

President Aleksandr Lukashenko said last week that the government is prepared to sell a stake in the company that’s worth as much as $32 billion in its entirety. China, India, Russia and two western companies are competing for a shareholding in Belaruskali which produces 15 percent of the world’s potash.

Click here to read the full Bloomberg report.

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