Mosaic to Become Major Takeover Target by Month’s End

Bloomberg reported that Mosaic is likely to become a popular takeover target later this month, when it is anticipated that barriers that existed when Mosaic split from Cargill will be lifted.

As quoted in the Bloomberg report:

Mosaic, the second-biggest North American potash producer, represents the best option for an acquirer seeking to gain a foothold in the industry, said Goldman Sachs Group Inc. BHP Billiton Ltd. (BHP) is the most likely suitor after the Canadian government scuttled its attempted purchase of Potash Corp. in 2010, according to Morningstar Inc. Mosaic’s production would even fill a hole for the newly combined Glencore Xstrata Plc, said WorldCommodity Funds Inc.

To view the whole Bloomberg report, click here.