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Reuters reports BHP Billiton’s (NYSE:BHP) $39 billion bid for Potash Corp and left little room for a modified offer, throwing the spotlight on how the world’s largest miner can find new avenues for growth.
Reuters reports BHP Billiton’s (NYSE:BHP) $39 billion bid for Potash Corp and left little room for a modified offer, throwing the spotlight on how the world’s largest miner can find new avenues for growth.
The market news is quoted as saying:
Canada said the deal would not benefit the country, delivering a major blow to BHP Chief Executive Marius Kloppers after the 2008 failure of a $120-billion-plus bid for rival Rio Tinto (RIO.L) (RIO.AX) and the collapse of a $116-billion iron ore joint venture with Rio earlier this year.