DealZone

Deals wrap: Potash Corp repercussions

November 5, 2010

The Cory Potash Corp mine site west of Saskatoon is pictured on November 3, 1010.   REUTERS/David StobbeAustralia’s farm sector would have too much of an advantage if BHP Billiton was allowed to buy Potash Corp, argued Canada’s farm minister. While Canada’s decision to block the deal stunned many, most Potash Corp investors seem unperturbed, eying its long-term growth prospects.

Alastair Sharp looks at what Ottawa’s market-rattling decision could mean for Canadian tech giant Research In Motion.

The terms of GM’s upcoming share sale show that, once public, the stock will have to as much as double before its biggest shareholder, the U.S. government, gets close to breaking even, writes columnist Antony Currie.

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BHP weill not let any competitors use there rail line to ship Iron Ore in Australia even though they are more than happy to pay and we are supposed to just hand them the keys to what will ammount to a Potash Cartel! I think not!!! If BHP really wants to be in the Potash business, there are lots of green field sites that they can invest in.

Posted by Marpy | Report as abusive
 

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