Potash

Potash Corp of Saskatchewan Shares Rise after Takeover Proposal

Potash Investing

Mining.com reported that shares in Potash Corp of Saskatchewan Inc. (TSX:POT) rose after Germany’s K+S said it had received a written takeover proposal from the company.

Mining.com reported that shares in Potash Corp of Saskatchewan Inc. (TSX:POT) rose after Germany’s K+S said it had received a written takeover proposal from the company.

As quoted in the market news,

The Saskatoon-based giant ended the day up 4.3% changing hands at $39.34 at the close on the Toronto Exchange in larger than usual volumes. Potashcorp is worth $33 billion today, but in 2008 when prices were three times current levels was briefly Canada’s most valuable company.

Click here for the full Mining.com report

The Conversation (0)

MARKETS

Markets
TSX19774.92-311.80
TSXV611.49-6.25
DOW31909.64-345.22
S&P 5003861.59-56.73
NASD11138.89-199.47
ASX7144.70-166.40

COMMODITIES

Commodities
Gold1867.30+0.24
Silver20.53+0.01
Copper4.01-0.03
Palladium1713.170.00
Platinum1087.260.00
Oil76.68+0.96
Heating Oil2.78+0.11
Natural Gas2.44-0.11

DOWNLOAD FREE REPORTS

×