KuibyshevAzot Joint Stock Company (MISX:KAZT) agreed to acquire 50% stake in Praksayr Azot Tolyatti OOO and 26% Stake in Praksayr Samara OOO on September 14, 2016. As on September 14, 2016, the Board of Directors of KuibyshevAzot OAO approved the acquisition of 50% stake in Praksayr Azot Tolyatti and the acquisition of a stake exceeding 25% but not exceeding 26% in Praksayr Samara.