Russian Acron in talks to sell stake in Azoty

Russian fertiliser producer Acron is in talks with Poland's treasury ministry with a view to selling its stake in the country's biggest chemicals group, state-run Azoty, two sources familiar with the situation told Reuters. The Russian firm had a 20 percent stake in Azoty in 2014. Earlier in 2016 it sold a small stake, raising questions over its longer-term plans. "The Russians are in talks with the treasury ministry over the sale of its stake in Grupa Azoty," a person familiar with the situation said. "Poland wants to buy the stake, financing the deal is the issue," another source said. A source also said that Acron had approached the treasury ministry under the previous government.