Phosagro doesn’t see Potash Corp deal in 12 mths

Reuters reports that Russia’s Phosagro announced it does not expect to buy a stake in Potash Corp (TSE:POT) within the next 12 months.

Reuters reports that Russia’s Phosagro announced it does not expect to buy a stake in Potash Corp (TSX:POT) within the next 12 months.

The market news is quoted as saying:

“It is probably fair to say that in the next 12 months there will be no sharp movement on this,” Phosagro CEO Maxim Volkov told reporters on Tuesday.