Support The Moscow Times!

Silvinit Shares Undervalued

Silvinit’s share price is at least 25 percent undervalued in a proposed takeover by Uralkali, the country’s biggest potash producer by market value, the Moscow-based Investor Protection Association said Wednesday.

Silvinit’s minority shareholders should vote to block the merger at a Feb. 4 meeting, the association, which includes funds that invest in the company, said in a statement.

Preferred shares were valued at a 61 percent discount to the common shares, the association said.


… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more