Recently, it was reported that Belarus had considered the sale of the third-largest state-owned potash fertilizer plant Belaruskali. At present, potential buyers such as Russia and China are negotiating with Bai on the selling prices and trading conditions. According to media reports, Uralkali, Russia’s largest company, is very active in acquiring the company. The owner of the company, Russian billionaire Suleiman Kerimov, has met with senior Belarusian officials in recent weeks to discuss the acquisition of a controlling stake in White Potash Corp. Ural Potash Corp. owned by Krimov is preparing for M&A transactions with major competitors in the country. If the merger is completed, Ural Potash can leap to the second largest potash fertilizer producer in the world. If he then buys White Potash Corp., his dominant position in the global potash fertilizer market will be even more pronounced. At present, Ural and Belarusian Potash Corp have joint ventures. However, according to investment bank data, the value of White Potash Corp may be as high as US$20 billion, and both parties still have objections regarding the purchase price. The Finance Minister of Belarus Kekovitz said that there are other potential buyers interested in the acquisition of White Potash Corp., but the authorities will wait until the “price is right†to sell. White Russian officials also discussed that it is possible to sell a quarter of the equity of White Potash Corp to Chinese investors, but people familiar with the matter said that the parties have not yet reached an agreement. It is not clear which Chinese state-owned enterprises will come forward to negotiate. It is reported that Belarus’s Soviet-style planned economy is facing the worst crisis in more than a decade. Because Russia canceled its energy subsidies, and the huge expenditures of the Minsk authorities before the December presidential election led to a rapid expansion of the budget deficit. The exchange rate between the Belarusian Ruble and the U.S. dollar fell by 35% this year, and there was a shortage of domestic foreign exchange supplies. For the Belarusian government that sells potash fertilizer to cash shortages and tries to save the economy, even if it only transfers a minority stake in the company, it will be of great help. Printing Machine,Printer Machine,Roll To Roll Printing Machine,Piece By Piece Printer Zhejiang Sanlong Universal Machinery Co.,Ltd. , https://www.sanlongmachinery.com