‘Net Benefit’ Test Still Vague One Year after Potash Bid

The Globe and Mail reported on the state of equity markets one year after the rejections of BHP Billiton’s (NYSE:BHP) bid for Potash Corp. (NYSE:POT).

The market news is quoted as saying:

 After using the Act to shut down BHP’s bid, then-Industry Minister Tony Clement promised to explain what companies can do to provide a “net benefit” to Canada. That clarity has yet to be provided.

To read the full market news, click here.