Aonksim company (Onexim) of Russian billionaire Mikhail Prokhorov, has signed an agreement with Sul

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The Court rejected a claim for compensation for the expropriation of the rest of the remaining land was improved from
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The sale will be made according to the value of $ 20 billion that company. Following the transaction, the more likely the reunification of the Russian potash cartel - a matter anchor door knocker which will cost the price of potash in the world; That company shares jumped 8% on the stock exchange in London, ICL rising by 3.5% in Tel Aviv
Aonksim company (Onexim) of Russian billionaire Mikhail Prokhorov, has signed an agreement with Suleiman Karimov, under which purchase the share (33%), the world's largest potash producer, that company. Prokhorova that company's anchor door knocker share may even increase to 38% in the wake of that company's intention to eliminate 12.4% of the shares held by the Government of Belarus.
Read more Calcalist: ICL rose 3.5% after reporting anchor door knocker that the control that company will be sold in the coming days Russia has opened an investigation against the CEO of that company - will seek his extradition from Belarus Belarus President: "potash industry returns to normal" and contains 5% plunge in this sale may to end a dispute between Russia and Belarus, which erupted last August following a decision by that company to abandon the cartel in common, which was responsible for 40% of exports of potash worldwide. Belarus demanded to replace the owner of the company as a precondition for reconciliation. "as Karimov rush to sell so it is better that company, because the company anchor door knocker needs some certainty for the future, "says Elena Shnovh, VTB Capital analyst.
To ICL to dismantling anchor door knocker the cartel common, anchor door knocker global potash price not so much influenced by the direct demand for chemicals, but because the entire industry is dominated by two major giant cartels: Russian Cartel BPC and the Canadian-American cartel Canpotex Potash where companies, Mosaic and Agrium. anchor door knocker
Russian cartel dissolution ICL grabbed most sensitive point in time: the second anchor door knocker Sheshinski committee which should, inter alia, to discuss the scope of future anchor door knocker royalties ICL, a plan to tax excess profits. ICL fell cumulatively by 30% due to the convening of the committee, but since recovered along with other potash companies shares due to changes in control of that company and the struggle anchor door knocker of the Russian government.
Prokhorov, ranked fifth richest man in Russia, sold six months ago, the maintenance of the country's largest gold producer, Pullios Gold International, for $ 3.6 billion, as part of efforts to diversify its investments. Apart from the many businesses in Russia, Prokhorov is the owner of the Brooklyn Nets basketball team (formerly New Jersey).
ICL reported a few days ago disappointing results for the third quarter of 2013 against the backdrop of the global potash market turbulence: the Company's revenues amounted to $ 1.45 billion, versus revenue of 1.76 billion in the same quarter. This decrease resulted primarily from a decrease in selling prices, which resulted in a decrease in sales of $ 124 million. On the other hand, this decrease was partially offset by the effect anchor door knocker of the exchange rate of $ 31 million. anchor door knocker
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