Moscow-Russian potash producer OJSC Uralkali reports that it has been informed by Madura Holding Ltd. that Madura has disposed of its 53.2 percent of the share capital of Uralkali. The interest went to Kaliha Finance Ltd., Aerellia Investments Ltd., and Becounioco Holdings Ltd. The three are owned by Suleyman Kerimov, Alexander Nesis, and Filaret Galchev, respectively. Uralkali said the largest stake, 25 percent, was acquired by Kaliha. Dmitry Rybolovlev, who controls Madura, was also reported by the Russian media to have sold 20 percent of OAO Silvinit, the other major Russian potash producer, to Kerimov. Speculation is that Uralkali and Silvinit may eventually be joined as a single major potash company to further enhance their weight within the industry. Another theory is that Uralkali might be merged with minerals giant OAO Norilsk Nickel.
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