Source: PhosAgro, Trust participate in tender for Apatit stake
MOSCOW, Sep 4 (PRIME) -- Russian fertilizer producer PhosAgro and National Bank Trust have participated in the first round of a tender to sell the government’s 20% stake, or a 26.7% voting stake, in apatite producer Apatit, a source familiar with the situation told PRIME on Tuesday.
PhosAgro and National Bank Trust declined to comment.
Other bidders include multi-industry holding Renova and fertilizer producer UralChem.
Representatives of Renova and UralChem were not seen at the tender.
PhosAgro already holds a 49.99% interest in Apatit.