2013-09-25
CIC Takes 12.5% Stake In Russian Potash Maker Uralkali
Uralkali, a Russian potash maker, says that China's sovereign wealth fund, China Investment Corp., has taken a 12.5% stake of the company. The deal could help China, a big consumer of potash, secure supplies of the fertilizer material. CIC obtained the stake through converting its convertible bonds into Uralkali's shares. CIC purchased the convertible bonds […]
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