ICL Surges on PotashCorp Deal Speculation

Bloomberg reported that ICL hit a 16-month high on speculation that a sale to PotashCorp is close.

As quoted in the market report:

With Netanyahu staying in office “there is some chance that he may approve a sale of ICL to Potash Corp.,” Gilad Alper, a senior analyst at Excellence Nessuah said by phone. “The Labor party said very clearly it is against the sale.

To view the whole Bloomberg report, click here.