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Friday, September 13, 2013

Report: Kerimov selling Uralkali stake for $3.7B -9/13/13

Report: Kerimov selling Uralkali stake for $3.7B

Rumors that Russian billionaire Suleiman Kerimov is selling his 21.7% stake in potash producer Uralkali (URALL.PK) reach a fever pitch, as news agency RIA Novosti reports a $3.7B sale to investor Vladimir Kogan; so far, neither party has issued a comment.

 POT +3.9%, MOS +3.8%, AGU +1.7%, IPI +6.1%, SQM +2%.

 ETFs: MOO, CROP, PAGG, VEGI.

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