The Moscow Times
Dmitry Mazepin, owner of Russian fertilizer producer Uralchem, has joined the race to take a stake in the world’s largest potash miner Uralkali, three sources familiar with the discussions said Tuesday.
Since Uralkali left a potash cartel with a Belarussian state company in July, speculation has mounted that its main owner, Suleiman Kerimov, would have to sell his 21.75 percent stake so it could be resurrected to support prices and soothe ties.
With his partners, Kerimov owns a third of the business.
Mazepin, who has a fortune estimated at $3.2 billion by Forbes magazine, could team up with Russian tycoon-turned-politician Mikhail Prokhorov in a possible deal, Vedomosti reported earlier Tuesday, citing unnamed sources.