Articles Tagged "acquisition"

Potash Corp: Target Or Acquirer?

By Kishori Krishnan Exclusive To Potash Investing News When it comes to resource revenues, forget ‘black gold.’ That’s so 2008. This fiscal year, the hot new colour is pink – as in potash. And who better to don it than several North American suppliers. The stock price in major potash groups have risen in recent [...]

Acquisition rumours rock potash industry

By Leia Michele Toovey- Exclusive to Potash Investing News Rumours of BHP Billiton’s interest in acquiring a major potash company just won’t go away, as JP Morgan picked up on the theme on Tuesday. Speculation mounted that the world’s largest miner was preparing for a large acquisition after the company raised more than US $6 billion [...]

Steady potash stockpiles fuel production cuts

According to the latest data form the Fertilizer Institute, potash inventories at North American producers are 42 per cent higher than the previous five-year average. North American potash shipments in the month of February were down 80 per cent from the same month period a year earlier. This data has prompted Potash Corp of Saskatchewan [...]

Robust potash sector leaves cash on hand for acquisitions

By Leia Michele Toovey- Exclusive to Potash Investing News Potash miners have been accused of collusion; due to the fact that the big market players have formed a “silent agreement” in which they swiftly and jointly cut output to stabilize prices. This strategy has been met with mixed opinions.  The companies say they are simply [...]

Potash One Inc. adopts shareholder rights plan

 Potash One Inc. reports that it is adopting a shareholder rights plan agreement.  The Rights Plan has been adopted to ensure the fair treatment of all Potash One shareholders in the eventuality of a possible take-over bid for the outstanding common shares of Potash One. In the event that a takeover bid should occur the Rights Plan [...]

Potash One completes acquisition of Potash Permit KP289

Potash One Inc. reported that it has completed the acquisition of the remaining 75% interest in Potash Permit KP289 (the “Legacy Project”) via purchasing the shares of Invictus Minerals Corporation. Paul F. Matysek, President and Chief Executive Officer of Potash One Inc., was quoted as saying: This transaction combined with the previously completed acquisitions of KP355, KP356 [...]