Rybolovlev Values Potash Producer Uralkali at $10 Billion, Vedomosti Says

OAO Uralkali’s billionaire owner Dmitry Rybolovlev values Russia’s second-largest potash maker at $10 billion, Vedomosti said, citing unidentified people familiar with the matter.

That would value Rybolovlev’s 66 percent stake in Uralkali at $6.56 billion, the newspaper reported. Rybolovlev’s Madura Holding Ltd. is in preliminary talks with interested parties about the stake sale, Uralkali said in a statement yesterday.

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.