Botash invites bidders for shareholding

Late last year, Botash announced that the company had attracted the attention of various companies in the chemicals industry.  In a recent interview, the Managing Director of Botash, Derek Cochrane, confirmed that a number of companies had expressed interest, but declined to name them or the extent of their bids.  Cochrane referred all further inquiries to Imara, a South African firm engaged in the negotiations on behalf of Botash.

The Director of Imara, Rod MacLeod, was terse in his response: "Negotiations are proceeding and an announcement will be made at the appropriate time."