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Acron Group Expresses Interest in Minudobreniya

Acron Group has submitted a non-binding offer to purchase a controlling stake in JSC Minudobreniya (Rossosh) to its shareholders.   

The price offered by the Group is comparable with other bidders’ proposals. As part of the proposal to acquire Minudobreniya stake, the Group is prepared to resolve its dispute with Yara International ASA relating to the Acron-Yara joint venture Nordic Rus Holding.

Acron’s non-binding offer to purchase the shares constitutes an expression of its current interest in the transaction described and does not constitute an obligation to enter into a definitive agreement or any other binding agreement or create any rights for either party with respect to the proposed transaction.