Russia May Allow Merger of Potash Producers, Watchdog Says

Russia may consider allowing the merger of its two largest potash producers, OAO Uralkali and OAO Silvinit, while placing restrictions on what would become a national monopoly, the country’s antitrust watchdog said.

“It will be a monopolist, so we should weigh pros and cons, but I can’t say ‘No, we’ll never allow it’,” said Andrei Tsyganov, deputy chief of the Federal Antimonopoly Service, in an interview today in Moscow.