Prokhorov, in conjunction with Russian fertilizer tycoon Dmitry Mazepin, is picking up nearly 22 percent of the potash fertilizer company Uralkali from Suleyman Kerimov.
The deal comes shortly after Uralkali’s chief executive Vladislav Baumgertner was arrested in Belarus, and not allowed to communicate with his Russian lawyer.
More on the deal from CNBC here.
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