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Sovereign Wealth Funds Briefing - Categorized | Investment

A white knight is on the way: Potash CEO

Posted on 08 September 2010

From Theglobeandmail.com: Singapore sovereign wealth fund Temasek was invited by Sinochem to join a consortium that may make an offer for the Saskatoon-based company, the world’s largest fertilizer firm, a Reuters report said Tuesday.
Since BHP’s offer was first revealed on Aug. 17, no rival bids have emerged. Major Potash Corp. shareholders see BHP’s $130 per-share offer as a “non-starter,” Potash Corp. chief executive officer Bill Doyle said, while BHP has said its offer is “full and fair.”………………………………………Full Article: Source


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