PotashCorp Execs, Israeli Officials to Meet About ICL Takeover

Reuters reported that Israeli officials will be meeting with executives from PotashCorp in the next week to decide the fate of the possible 13.5 billion takeover of Israel Chemicals (ICL).

As quoted in the market report:

Potash, the world’s No. 1 fertilizer producer, wants to acquire ICL, the world’s sixth-largest fertilizer producer, so it can shore up its leverage with China and India, which are expected to drive much of the industry’s growth.

To view the whole Reuters report, click here.