Bhp Billiton 'has a New Pounds 18bn Bid Target in Sights'
Evening Standard - London › March 27, 2009
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Summary
HAVING failed last year to buy rival mining giant Rio Tinto, it now looks as if BHP Billiton is lining up another major acquisition.
The world's biggest mining outfit, quoted in London and Sydney, is this time expected to turn its firepower on Canada's Potash Corp. Based in Saskatoon, Saskatchewan, the company is the world's biggest potash producer and the second-largest producer of nitrogen and third-biggest producer of phosphate, all of which go towards making fertiliser.See the full content of this document
Extract
Bhp Billiton 'has a New Pounds 18bn Bid Target in Sights'
At the last count, it carried a price tag of Pounds 18.3 billion. BHP directors were talking to brokers in the City this week.
They expressed their regret at not being in the potash busi...See the full content of this document
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