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Russia's Rotenbergs to buy fertilizer Minudobreniya: report

MOSCOW (Reuters) - Russian businessmen Arkady and Boris Rotenberg will buy 79.4 percent of fertilizer firm Minudobreniya, part-owned by Norway's Yara International YAR.OL, from Dmytro Firtash, sources told Vedomosit daily.

One of the sources said Ukrainian tycoon Firtash would sell his holdings for about $2 billion, though other people close to the various parties in the complex transaction did not provide any details on the price.

Minudobreniya could not be reached for comment by the newspaper, and Yara said it does not comment on market rumors.

Several firms were in the running for privately held Minudobreniya, located in Russia’s Black Earth region.

Eurochem, one of the world’s top 10 agrochemical companies by capacity, in April said it planned to acquire the firm in a deal that valued it at $1.3 billion.

Firtash stepped in last month with a $1.4 billion bid.

According to Vedomosti’s sources, the Rotenbergs will acquire 79.4 percent of Minudobreniya through the purchase of Firtash’s Cyprus-based Lagus Management Ltd holding company.

Reporting by Alfred Kueppers; Editing by David Hulmes

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