Industrial Minerals


BHP goes hostile on PotashCorp

18 August 2010

by Simon Moores

World’s biggest miner goes to PotashCorp shareholders after $39bn. bid rejected

Keywords: potash, BHP Billiton, fertiliser, PotashCorp

BHP Billiton Plc has positioned itself for a hostile takeover of Potash Corp. of Saskatchewan, the world’s biggest producer of the fertiliser mineral.    The Australian miner has gone straight to the shareholders of PotashCorp in a bid to lure sales at a $130-a-share...