Nickel producer Norilsk denied reports that it would be acquiring a stake in potash firm Uralkali.
Acquisition
In an interview with Bloomberg News, China's richest man Wang Jianlin has hired two investment banks to assist his company in planned acquisitions of hotel management companies in the US and London.
According to reports by the Wall Street Journal and Reuters, Norilsk Nickel could place a bid to acquire a 21.75% in billionaire Suleiman Kerimov- helmed potash company Uralkali.
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