11:32 PM

(0) Comments

Sinochem and Vale approach BHPs target Potash Corp: report Reuters

Addison Ray

MELBOURNE Reuters Potash Corp POT.TO has been contacted by Chinas Sinochem Group and Brazils Vale VALE5.SA as the Canadian firm battles a hostile $39 billion takeover offer from BHP Billiton BHP.AX, Bloomberg reported.

Citing a person with knowledge of the matter, Bloomberg said Sinochem and Vale had made inquiries with Potash Corps board late last week about the possibility of holding talks.

Reporting by Sonali Paul; Editing by Balazs Koranyi



Full Text RSS Feeds | WordPress Auto Translator
0 Responses to "Sinochem and Vale approach BHPs target Potash Corp: report Reuters"