Kerimov selling $3.7 billion Uralkali stake to investor: report

Reuters
Dagestani born tycoon Kerimov watches a soccer match between Anzhi and CSKA in Moscow
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Dagestani born tycoon Suleiman Kerimov watches a soccer match between Anzhi and CSKA in Makhachkala December 2, 2012. REUTERS/Sergei Rasulov/ NewsTeam

MOSCOW (Reuters) - Russian tycoon Suleiman Kerimov is selling his stake in potash producer Uralkali (URKA.ME) to investor Vladimir Kogan for $3.7 billion, news agency RIA Novosti reported on Friday, citing a source.

A representative for Kerimov's investment company Nafta Moskva declined comment. Uralkali, the world's largest producer of the mineral fertiliser ingredient, also declined to comment.

(Reporting by Megan Davies and Polina Devitt; Editing by Douglas Busvine)

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