Belarus agrees to extradite Uralkali CEO to Russia


Belarus agrees to extradite Uralkali (URALL) CEO Vladislav Baumgertner to Russia, days after a buyer was found for the stake of Uralkali’s biggest owner.

At least one analyst thinks Baumgertner will resign; a lot depends on the attitude of the Belarus president toward him, and "given that it may be not warm, it would be easier for Uralkali to negotiate the terms of the new trading venture with Belarus with another CEO.”

Baumgertner was arrested in August and spent a month in a Belarusian jail after he withdrew his company from a joint venture with potash supplier Belaruskali.

Related tickers: POT, MOS, AGU, SQM, IPI.

ETFs: MOO, CROP, PAGG, VEGI.

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