Potash Corp sees 'lots of hurdles' to takeover of ICL
"I would be so surprised to see the owners of Uralkali or the owners of Belaruskali - which is the government of Belarus - to enter any transaction which changed the way they market product. Why would I give up 15 percent ownership in a company and destroy my business plan, and diminish the value of the other 85 percent? I'm not too worried about that situation."
The main owners of Uralkali sold bonds exchangeable into shares earlier this month in a deal that could give a Chinese sovereign wealth fund a stake in the company. Belarus' President, Alexander Lukashenko, said on Tuesday his country is talking with companies from China, India, Europe and the Arab world about selling a minority stake in Belaruskali.
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