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India intends to purchase shares in Belaruskali

January 30/2012

( This week Indian officials are going to come to Belarus to recommence talks about purchasing shares in the Belarus-based company JSC Belaruskali.

Joint Stock Company "Belaruskali" is one of the world's biggest producers and it is the biggest producer and supplier of potash mineral fertilizers on the territory of the CIS.

Canadian and Russian potash market participants with JSC Belaruskali are the main suppliers of potash. They control over 55% of the whole production in the world.


JSC Belaruskali offered India 20% of shares in the company. The stake is estimated at USD 6 billion, but Indian officials regard the price as too high.

Meanwhile, the valuation of the deal is not the only obstacle in closing the bargain.

Author:Marina Ivanova
Category:General News
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