Report mulls impact of BHP bid for Potash

first_img Show Comments ▼ KCS-content Report mulls impact of BHP bid for Potash by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Today whatsapp whatsappcenter_img Share Sunday 3 October 2010 10:46 pm More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comConnecticut man dies after crashing Harley into live bearnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPuffer fish snaps a selfie with lucky AN INDEPENDENT report on the impact of a takeover of Canada’s PotashCorp will today reignite the country’s debate over the implications of such a move, as expectations of a Chinese-led counterbid to BHP Billiton’s $39bn (£24.7bn) offer begin to dwindle.The report by the Conference Board of Canada will make no recommendations, though it will assess the respective implications of a bid from a large corporate like BHP, a state offer from China, and a takeover by an investment board or sovereign fund.It comes as Canadian authorities continue to mull over a decision on whether a takeover of the fertiliser giant would be of “net benefit to Canada” – a key requirement under the country’s Investment Act.There has been widespread speculation over the emergence of a Chinese bid since BHP launched its hostile offer in August, though reports over the weekend suggested interest from the East is cooling. China’s government is thought to be unwilling to put up more than around a quarter of the funds needed to block BHP’s $130-a-share offer, while attempts by state chemical firm Sinochem to court potential co-investors are said to have fallen on unreceptive ears.On Friday, BHP filed a motion in a Chicago court, asking it to dismiss a lawsuit brought by PotashCorp over a week ago. PotashCorp claimed BHP fed the market misleading information in order to drive down potash prices and allow it to make a low-ball offer. But BHP said the complaint “offers only implausible, uncorroborated and largely irrelevant speculation”, adding that shareholders have access to all the relevant information to make a decision on the deal. Tags: NULLlast_img

Leave a Reply

Your email address will not be published. Required fields are marked *