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Investegate announcements from Tekcapital plc, US Salt forms Strategic Partnership with MicroSalt

Agriculture Giants your username 7 hours ago The Department of Justice (DOJ) announced in a press release on Monday that in order to preserve competition among table salt companies, it is going to require Stone Canyon Industry Holdings to divest US Salt before it acquires Morton Salt. The DOJ also filed a civil antitrust lawsuit in the District of Columbia District Court to block the acquisition alleging that consumers benefit from the competition between the two companies.  The DOJ said that a proposed settlement filed with the complaint, if approved, “would resolve the competitive harm a...

ADVERTISEMENT ADVERTISEMENT DOJ Says Firm Must Divest Salt Co. For $3.2B Morton Buy Law360 (April 19, 2021, 8:47 PM EDT) -- Investment firm Stone Canyon Industries must sell its "entire evaporated salt business" to cease competition concerns regarding its $3.2 billion bid for K+S Aktiengesellschaft's Americas salt business, which includes Morton Salt, under a merger clearance settlement the U.S. Department of Justice announced Monday. The DOJ Antitrust Division's concern is with Stone Canyon's control of US Salt LLC, which it picked up when it bought Kissner Group Holdings LP — later renam...

Home / Top News / Industrial Salts Market Size Worth $24.14 Billion By 2027 | CAGR of 5.4%, Growing consumption of caustic soda and soda ash is resulting in rising demand for industrial salts in chemical processing industries | Reports and Data Industrial Salts Market Size Worth $24.14 Billion By 2027 | CAGR of 5.4%, Growing consumption of caustic soda and soda ash is resulting in rising demand for industrial salts in chemical processing industries | Reports and Data Key players in the market include Compass Minerals America Inc., K+S AG, China National salt Industry Co., Cargill, Inc., Mitsu...