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Archive Home > 2010 > August > 18 > Potash Corp. rebuffs $39B takeover bid

Potash Corp. rebuffs $39B takeover bid


August 18, 2010

LONDON — Potash Corp. of Saskatchewan Inc., the world’s largest fertilizer producer, rejected an unsolicited $39 billion takeover proposal from BHP Billiton as too low, prompting speculation of a higher bid.

Potash Corp. turned down the $130-a-share offer, saying it was “grossly inadequate,” and....

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