MOFCOM Conditionally Approves Potash Merger

June 16, 2011

On June 2, 2011, China’s Ministry of Commerce (“MOFCOM”) cleared the merger of OAO Uralkali and OAO Silvinit, subject to conditions. This is MOFCOM’s first published merger decision in 2011. Since China’s Anti-Monopoly Law entered into force, MOFCOM has imposed conditions on six deals and blocked one (Coca-Cola’s purchase of Huiyuan).