Russia’s Onexim and UralChem are in Talks to Sell Stake in Uralkali

Onexim Group, one of Russia’s major private investment funds with a diversified investment portfolio in mining, financial services, real estate, media, utilities and technology, is in talks with UralChem to sell a stake in Uralkali, the biggest producer of potash fertilizer. Onexim and UralChem jointly control Uralkali and are awaiting approval of the sale from its partners. One of the options looked into is that Onexim sell a 20% stake to Uralkali. It is also seeking to raise US$ 4 billion from this deal.

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