TITLE

Russian Potash Firms Confirm Merger

AUTHOR(S)
YOUNG, IAN
PUB. DATE
January 2011
SOURCE
Chemical Week;1/3/2011, Vol. 173 Issue 1, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the terms of the proposed merger of Uralkali and Silvinit, two potash firms in Russia, has been approved by the boards of the companies. The merger of Silvinit, the biggest supplier of potash in Russia in terms of sales and production, and Uralkali, the second biggest supplier in the country, would create the world's third biggest producer of potash by capacity. It provides an overview of the terms of the cash-and-shares acquisition. It discusses the merger and acquisition activity in the potash industry in 2010.
ACCESSION #
57850808

 

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