Hello Potash: Prokhorov procure world’s biggest potash miner


Mikhail Prokhorov
Mikhail Prokhorov (AP)
Brooklyn Nets owner Mikhail Prokhorov has his hands in just about every jar, and now he’s got control of the world’s biggest potash stash.

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.