18.08.2010 - BHP Billiton makes $39bln move for Potash Corp

From Telegraph: Sovereign wealth funds have also been very active, with recent figures showing that state-owned entities spent $12bn in the second quarter on company purchases globally, compared with just $1.1bn in the first three months of the year. BHP offered $130 a share for Potash Corp, a 16pc premium to Monday's closing price, but this was rejected outright by the company's management..............................................Full Article: Source

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