Canada may have shot itself in the foot on Potash

November 4, 2010

Canada may have just shot itself in the foot. The Ottawa government said BHP's $39 billion takeover bid for Potash Corp provided no net benefit to the nation. There's some basis for this in the specific instance. But what the decision fails to reflect is the long-term damage such a politicized rejection does to Canada's ability to attract capital.

Blocking BHP’s Potash bid could damage Canada

November 2, 2010

Blocking BHP's move on Potash Corp could be damaging for Canada.

Waiting game may favor BHP in Potash battle

September 22, 2010

BHP Billiton is playing a waiting game. The longer regulators take to approve the miner's $38.6 billion offer for Canada's Potash Corporation of Saskatchewan, the more time there is for a rival bid to emerge.

Potash CEO’s big payday won’t decide the deal

By Christopher Swann
August 25, 2010

Half a billion dollars is normally sufficient to sway the minds of mortals. But in the case of Potash Corp's potential sale to BHP Billiton, don't expect such a big payday to decide the outcome of the deal. The fertilizer miner's boss Bill Doyle has sat on larger sums before and held tight. With his golden parachute less than 6 percent of the payoff, he has no obvious incentive to shortchange shareholders with a quick flip of the company.

BHP shows it doesn’t need Potash Corp

August 25, 2010

BHP Billiton has shown it doesn't need to buy Canada's Potash Corp. The Anglo-Australian miner's impressive annual results are a reminder of the financial firepower behind its $39 billion hostile bid for the world's largest fertiliser group. But they also show that BHP is not broken -- and that chief executive Marius Kloppers does not need to bet a strong balance sheet on further diversification.

Potash price crucial to how far BHP can stretch

August 24, 2010

Potash prices are crucial to how far BHP Billiton can stretch its $39 billion hostile bid for Canada's Potash Corporation of Saskatchewan. The miner's offer is essentially a bet on demand for the commodity, which accounts for the bulk of the fertiliser giant's value.

Belarus-Russia spat clears way for potash plunge

August 30, 2013

A diplomatic row following Belarus’s arrest of a top Russian potash executive dashes chances that the former Soviet producers’ alliance can be revived. The rival North American cartel won’t survive much longer. Farmers and consumers should cheer at the prospect of lower prices.