The Chinese MOFCOM conditionally clears merger between two Russian companies in the Chinese potash market (Uralkali / Silvinit)

MOFCOM Conditionally Approves the Acquisition of Silvinit by Uralkali* On 2 June 2011, the MOFCOM conditionally approved Uralkali’s proposed US$1.4 billion acquisition of Silvinit, both of which are Russian potash companies. The MOFCOM imposed a set of behavioural remedies. The MOFCOM accepted the notification and commenced its preliminary review on 14 March 2011, began further review on 12 April 2011, and approved the transaction on 2 June 2011. During the review, the MOFCOM solicited

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Authors

  • University of Melbourne
  • China Competition Bulletin (Beijing)
  • Institute of American Studies (Beijing)

Quotation

Allan Fels, Xiaoye Wang, Jessica Su, The Chinese MOFCOM conditionally clears merger between two Russian companies in the Chinese potash market (Uralkali / Silvinit), 2 June 2011, e-Competitions Bulletin June 2011, Art. N° 39091

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