PotashCorp rumoured to have started “hostile takeover” preparations

By James Sean Dickson
Published: Thursday, 10 September 2015

The Canadian fertiliser giant is reported to have hired a third advisory bank in preparation for submitting a hostile bid to K+S, which has repeatedly refused proposals for a takeover from PotashCorp.

Canada’s Potash Corp. of Saskatchewan Inc. (PotashCorp) has been the subject of a number of newspaper reports suggesting that the fertiliser giant is soon to submit a hostile takeover bid to the shareholders of German potash miner, K+S AG.

German newspaper Handelsblatt suggested on Tuesday...

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