Flaman Rentals Blog

PotashCorp reported preparing to make hostile K+S bid

Posted by Flaman Agriculture Sep 09, 2015

Reuters — PotashCorp is prepared to launch a hostile takeover offer for German potash mining rival K+S under certain conditions, German newspaper Handelsblatt reported Tuesday.

Handelsblatt cited financial sources as saying Saskatoon-based PotashCorp had talked to brokerages in Canada about such plans. PotashCorp declined to comment.

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