This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Stone Canyon to divest US Salt to get US DOJ clearance for Morton Salt deal

( April 19, 2021, 18:08 GMT | Official Statement) -- MLex Summary: Stone Canyon Industries has agreed to divest subsidiary US Salt to resolve the US Department of Justice’s anticompetitive concerns regarding Stone Canyon's acquisition of Morton Salt from K+S Aktiengesellschaft. The DOJ claimed that the $3.2 billion deal would create a monopoly in the US and Canada for pharmaceutical-grade salt and would result in higher prices for consumers of pharmaceutical-grade salt, round-can table salt, and bulk evaporated salt. See document below. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login