Articles Tagged "ICL"

ICL Pays Out $400 Million to Israeli Government in Potash Royalties

Globe reported that ICL paid the Israeli government NIS 400 million in potash royalties in 2012. As quoted in the Globe report: Israel Chemicals transfers NIS 1.5 billion as the government’s take, in the form of direct taxes, royalties, and the dividends tax, amounting to 41% of the company’s profits in Israel,” said Israel Chemicals [...]

Potash Corp’s Troubles with ICL Takeover Reminiscent of BHP in 2010

The Globe and Mail reported that there is a certain irony for PotashCorp, who is currently battling with the government of Israel for their proposed takeover of ICL, in that the very economic force that is creating difficulty for them now was what helped to block BHP's takeover of them in 2010, when the Canadian government decided that the move was not to Canada's economic benefit.