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Handelsblatt: Potash Corp Could Make a Hostile Bid for K+S
Sep. 09, 2015 10:01AM PST
Potash InvestingPotash Corp (TSX:POT) could be prepared to make a hostile bid for rival K+S Potash. According to Reuters, German newspaper Handelsblatt reported that Potash Corp was considering such plans.
Potash Corp (TSX:POT) could be prepared to make a hostile bid for rival K+S Potash. According to Reuters, German newspaper Handelsblatt reported that Potash Corp was considering such plans.
As quoted in the publication:
Daily Handelsblatt cited financial sources as saying that Canada’s Potash Corp had talked to brokerages in Canada about such plans.
A Germany-based spokesman for Potash Corp was not immediately available for comment.