Deals
Uralkali Surges as Billionaire Owner Seeks to Sell
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OAO Uralkali rose the most in four months in Moscow trading as billionaire owner Dmitry Rybolovlev sought to sell Russia’s second-largest potash maker.
Rybolovlev has pitched the sale of a controlling stake in Uralkali to fellow billionaires including OAO GMK Norilsk Nickel shareholder Vladimir Potanin and OAO Polyus Gold’s Suleiman Kerimov, according to two people familiar with the matter. Rybolovlev’s Madura Holding Ltd. is in preliminary talks with interested parties, Uralkali said today in a statement.