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Belarus to bargain seriously for Belaruskaliy controlling stake

Belaruskaliy is one of the largest world producers and suppliers of potash fertilizers

MINSK, November 12 (Itar-Tass) — Belarusian President Alexander Lukashenko stated that Belarus will seek for a fair price for a controlling stake of Belaruskaliy, one of the largest world producers and suppliers of potash fertilizers. “We are bargaining seriously for the Belaruskaliy controlling stake,” the Belarusian president said in reply to the questions of the students on Monday.

The Belaruskaliy value is determined, he said. “They offered 15 billion dollars for it. I insisted on 32 billion dollars,” Lukashenko said, adding that the estimates of Western investors coincide with his own estimates. Meanwhile, presently “the market has restored” and “it is already 36 billion dollars” now, he added. Belarus is ready “to sell a 15-20% stake, but not the controlling stake,” the president underlined.

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