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Prokhorov’s Onexim Said to Weigh Bid to Buy Uralkali Stake

Billionaire Mikhail Prokhorov’s Onexim Group is among potential bidders for Suleiman Kerimov and his partner’s stakes in potash producer OAO Uralkali, according to three people with direct knowledge of the matter.

Prokhorov, who sold his 38 percent of Polyus Gold International Ltd. to associates of Kerimov in February, hasn’t made a formal offer, the people said, asking not to be identified as the information is private. Kerimov is seeking a price based on a market value of more than $20 billion for the whole company, they said. That would be at least a 28 percent premium to today’s share price.