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PhosAgro Wants Merger

PhosAgro, the second-largest producer of phosphate-based fertilizers, wrote to the government saying it is interested in merging with potash maker Silvinit, Interfax reported, citing unidentified people in the industry.

PhosAgro is seeking to block any merger between Silvinit and Uralkali, Russia’s two sole producers of potash, which PhosAgro uses as a fertilizer component, Interfax said. 

(Bloomberg)


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