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    Saskatchewan’s Wall Says Any Mosaic Bid Wouldn’t Trigger Review

    Written by Investing News Network
    |
    Feb. 24, 2011 03:11PM PST

    Saskatchewan Premier Brad Wall, who opposed BHP Billiton Ltd.’s $40 billion bid for Potash Corp. of Saskatchewan Inc., said any offer for Potash’s largest rival Mosaic Co. (NYSE:MOS) was unlikely to result in a similar review by Canada.

    Saskatchewan Premier Brad Wall, who opposed BHP Billiton Ltd.’s $40 billion bid for Potash Corp. of Saskatchewan Inc., said any offer for Potash’s largest rival Mosaic Co. (NYSE:MOS) was unlikely to result in a similar review by Canada.

    The market news is quoted as saying:

    “I was asked what if BHP or anyone else was interested in another potash company?” Wall said today at an industry event in London. “Mosaic is a major player. Its parent is Cargill, an American company. I don’t think it would even trigger a review by the national government.”

    Click here to access the entire market news.

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