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BHP in no rush to raise Potash bid ahead of ruling
Nov. 01, 2010 03:11PM PST
Potash InvestingReuters reports that BHP Billiton (NYSE:BHP, ASX:BHP) feels no pressure to raise its $39 billion offer for Potash Corp.
Reuters reports that BHP Billiton (NYSE:BHP, ASX:BHP) feels no pressure to raise its $39 billion offer for Potash Corp.
The market news is quoted as saying:
Major BHP investors said the company should be wary about bumping up the bid price and several objected to an increase of more than 10 percent.