Acron seeking to block merger of Russian potash producers

摘要

On 31 January 2011, one of the Russian buyers of MOP, Acron, which has an 8% shareholding in Russian potash producer Silvinit, and Licona (International) Limited filed a petition in the Perm Territory Abritrazh (Commercial) Court seeking to invalidate the 20 December 2010 decision of the Board of Directors of Silvinit to approve the merger between Russian potash giants Uralkali and Silvinit.