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 [...]
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Tuesday, May 12, 2009