EuroChem has denied K+S Stake sale threat
Russian fertiliser maker EuroChem has denied a report that it has threatened to sell its 16 percent stake in German potash miner K+S as part of a push to secure a board seat.
The director of Melnichenko’s investment vehicle Linea, George Cardona, stated:
Eurochem is a long-term investor and we have no plans to sell our stake in K+S. Furthermore, we are confident of reaching an amicable solution on achieving appropriate board representation with the company.
For full story, click here
|
|
Tweet |
|
All content Copright 2011 Dig Media Inc. Disclaimer
Email
Print
Reproduction Request
Tue, May 12, 2009
Post by Melissa Pistilli, Potash Senior Reporter