Russia's Madura sells off controlling stake in Uralkali

15 June 2010 12:12  [Source: ICIS news]

LONDON (ICIS news)--Russia's Madura Holding has sold a controlling stake in Uralkali, sources at the potash producer said on Tuesday.

Madura sold 53.2% of Uralkali's shares to Kaliha Finance Limited, Aerellia Investments Limited and Becounioco Holdings Limited.

Kaliha acquired the largest stake of Uralkali - 25% of the company's share capital, according to the same sources.

No financial details were disclosed.

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By: Rita Menezes
+44 208 652 3214

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