The Aftermath of BHP’s Blocked Bid for Potash Corp.
The market collectively held its breath last week, awaiting the ruling from the Canadian government as to whether or not BHP Billiton’s bid for Potash Corporation of Saskatchewan would be approved.
Articles Tagged "potash corporation of saskatchewan"
Potash, In Waiting
Today is a crucial day for BHP Billiton’s (NYSE:BHP) bid for Potash Corporation of Saskatchewan (NYSE:POT). After market closing, it is reported that Canada’s Industry Minister Tony Clement will announce the federal government’s ruling on whether or not they will allow the bid.
BHP’s bid in Federal Government’s Hands
It is now up to Canada’s Federal Government to decide on whether BHP’s bid for Potash Corporation of Saskatchewan will move forward.
Potash Corp turns to the Law to Block BHP’s Bid
Potash Corp. of Saskatchewan is seeking an SEC injunction to halt BHP Billiton's efforts to acquire the Canadian potash company.
For Potash, India goes Bargain Hunting
By Leia Michele Toovey- Exclusive to Potash Investing News Canpotex, the marketing conglomerate for North American Potash Producers signed a deal earlier this month to sell 600,000 tonnes of potash to India for $370 per tonne. That potash will last roughly through June, and for future contracts India will seek to lower prices due to [...]
Will the demand last?
By Daniella D’Alimonte – Exclusive to Potash Investing News The Potash Corporation of Saskatchewan (TSX: POT) has been fairly unpredictable for the past two weeks. It has ranged anywhere between US$164.80 to US$143.40 per share. Closing on the weekend, it seems to be on its way back up. The company believes it is heading into a [...]
