March 21, 2011 / 7:21 AM / 9 years ago

Uralkali says Silinvit merger injunction part-lifted

MOSCOW, March 21 (Reuters) - Russian potash miner Uralkali (URKA.MM) said on Monday a court had partially lifted an injunction that threatened to hold back the group’s merger with rival Silvinit, which is contested by minority shareholders.

The court in Perm, East of Moscow, issued a temporary injunction on the merger last month following a claim by Silvinit SILV.MM shareholder Acron (AKRN.MM) that says the terms of the deal were stacked in favour of Uralkali. [ID:nLDE71R279]

The court hearing is scheduled to take place on April 12.

Reporting by John Bowker, Editing by Jessica Bachman

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