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    market news

    Israeli Parliament Voices Criticism of PotashCorp’s Takeover of ICL

    Investing News Network
    Feb. 27, 2013 09:13AM PST
    Potash Investing

    The Financial Post reported that PotashCorp’s proposed takeover of ICL is coming under heavy fire from the Israeli parliament

    The Financial Post reported that PotashCorp’s proposed takeover of ICL is coming under heavy fire from the Israeli parliament.

    As quoted in the market report:

    The sale of ICL to a foreign company would be abandoning residents of the Negev region and a slap in the face of every citizen of Israel,” said Meir Cohen, a representative of the Yesh Atid faction, Israel’s second biggest party. The meeting was attended by more than 20 parliament members.

    To view the whole Financial Post report, click here. 

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