Russia's Uralkali revives plan for London listing

25 Sep, 2007

Russia's Uralkali, the world's fifth-biggest potash producer, said on Monday that it had revived plans to list on the London Stock Exchange. The firm, which dropped plans to float in London last October, said Citi, Renaissance Capital and UBS Investment Bank were acting as joint global coordinators and bookrunners for the offering.
Uralkali planned last year to sell global depository receipts in a price range of $10.25 to $12.25 apiece, giving it a market value of $4.3 billion at the low end of the range.

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