RUSSIAs greatest fertilizer association has hired 3 investment banks to lead a $600m (�388m) inventory in London.
Uralchem comprises a range of former state resources that were combined by Dmitry Mazepin. It is one of a host of Russian groups backing up to boyant in London this year.
UBS has been hired to hoop an charity of up to 30% of Uralchems shares. Morgan Stanley and Renaissance Capital are additionally believed to have been appointed. The understanding would worth it at up to $2 billion and could be launched subsequent month. It is approaching to be a twin inventory in London and Moscow. The deduction will be used to compensate down organisation debt.
This is Uralchems second try at a London listing. It began preparations in 2008 but they were halted by the recession. Before Uralchem, Mazepin was emissary head of Russias Federal Property Fund. He was concerned with multiform sales of state oil and steel firms, and additionally quickly ran Sibur, the petrochemicals giant.
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