Lawyers for Chilean mining company Tianqi have objected to the terms of a deal agreed between Chile's competition authority and Chinese mining company SQM, which has agreed to buy 24% of Tianqi for $4.1bn. Tianqi said the agreement would give SQM too much access to Tianqi’s commercially-sensitive information. Chile’s anti-trust court must approve the settlement between the regulator and SQM.
Lawyers for Chilean mining company SQM have objected to the terms of a deal agreed between Chile's competition authority and Chinese mining company Tianqi, which has agreed to buy 24% of SQM for $4.1bn. SQM said the agreement would give Tianqi too much access to SQM’s commercially-sensitive information. Chile’s anti-trust court must approve the settlement between the regulator and Tianqi.