Dec. 22, 2011–Antitrust Authority director general David Gilo has delayed a deal for Potash Corporation of Saskatchewan Inc. (NYSE; TSX: POT) to increase its 14% stake in Israel Chemicals Ltd. (TASE: ICL) to 25%, because he wants to examine the antitrust consequences of the deal, and he could seal its fate. The Antitrust Authority said, “The issue is under review.”
The Ministry of Finance has agreed in principle to the deal. Senior ministry officials confirmed the report. Potash Corporation and the ministry have been in talks on the matter for six months…
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