The buyer with the cach: Prokhorov claims Kerimov's share of Uralkali

The new contender for the asset has not yet made an official offer. Onexim has funds to buy a batch of shares of Uralkali: in February the group earned more than $ 3.5 billion as it had sold its shares in Polyus Gold.
Origin source
The Onexim Group of Mikhail Prokhorov (no. 10 in the ranking of 200 richest businessmen of Russia according to Forbes withe the wealth of $ 13 billion) has joined the ranks of potential buyers of Suleiman Kerimov's share (no. 20; $ 7,1 billion) in the fertilizer producer OJSC Uralkali, reports Bloomberg referring to three well-informed sources.

According to them, an official offer to acquire the asset "Onexim" has not yet made. Kerimov, according to the interlocutor of the agency, plans to sell its stake in "Uralkali" based on the assessment of the whole company at $ 20 billion - which means 28 per cent premium to the current cost of fertilizer producer on the London Stock Exchange.

Fund Kerimov Suleyman Kerimov Foundation and business partners businessman Filaret Galchev (№22; $ 6,7 billion) and Anatoly Skurov (№64; $ 1,7 billion) as of today together control more than 33% of "BRIC". 12.5% ​​of the company acquired on the eve of the Chinese sovereign fund CIC.

Search buyers for its stake to 21.75% owner of Nafta Moskva began in late July, when the "Uralkali" quotes collapsed after the break in relations with the trader "Belarusian Potash Company » (BPC). CCB - a joint venture of the Russian company and the state "Belaruskali", controlled 40% of the world potash fertilizers export. Manual "Uralkali" has found it more appropriate marketing strategy, which was set at the price of raw materials would not be at the forefront, and the volume of products supplied.

Actions of the Russian company's management caused discontent in Minsk. August 26 during an official visit to the Belarusian capital at the invitation of Prime Minister Mikhail Myasnikovich was detained by General Director of "Uralkali" Vladislav Baumgertner. Top-manager is still in the Minsk jail. Official Minsk has also threatened the international wanted list through Interpol Kerimov, but the police organization a decision on sanctions against billionaire has not yet been adopted.

The queue of applicants for a share Kerimov - participants Forbes ranking - lined up immediately. As Forbes found in the beginning of September, one of the first to the interest in the asset seller informed the owner of AFK "Sistema" Vladimir Yevtushenko (№23; $ 6,7 bn) founder of "Pssnefti "Mikhail Gutseriev (№34; $ 3 billion) and an influential banker, an old friend of Putin, Vladimir Kogan (№111; $ 950 million). The latter informed sources call the most likely candidate. September 13 in the media, even it was reported that the deal with Kogan took place, however, surrounded by Kerimov rushed to deny the news.

A few days later, among the possible buyers of the sources named the state "Rosneftegas". This news has denied chairman of the board state-owned companies, the head of "Rosneft" Igor Sechin. The media also named contenders for the structure of assets Galchev, Arkady Rotenberg (№31; $ 3,3 billion) and MMC "Norilsk Nickel" (in all three cases came refutation).

With Prokhorov Karimov until recently united other major business project - gold Polyus Gold. At the end of February 2013 the owner of "Onexim" for $ 3.8 billion, sold its 38-percent stake in the company structures of the business partner Kerimov, billionaire deputy Zelimkhan Mutsoeva (№68; $ 1,5 billion) and the former co-owner of "Wimm-Bill-Dann "Gavriland Yushvaeva (№95; $ 1,2 billion). As noted in the commentary Bloomberg BCS analyst Kirill Chuiko, artist Prokhorov through the proceeds from the transaction by means of Polyus is the only contenders for the stake in "Uralkali" having sufficient cache (Kerimov package on the stock exchange today is worth about $ 3.4 billion, as estimated Seller - more than $ 4.3 billion).