Whatif Just rumours and probably leading nowhere I imagine but, ya never know.
Potash jumps after takeover speculation Jun. 30, 2016 2:27 PM • SA Editor Carl Surran Potash Corp. (POT +2%) shares surged as much as 6.5% before pulling back, after TheFly.com reported a rumor among traders that the company had received an unsolicited takeover offer and hired an investment bank. An unnamed analyst tells Reuters he is skeptical about an offer, noting that today marks the end of the quarter and that such speculation happens every few months. Recall that the Canadian government blocked a hostile bid for POT from BHP Billiton in 2010 because of the anger the proposed takeover raised in the company's home province of Saskatchewan.
There are rumors of several unsolicited bids for the company as the stock reached historical lows, said Jonas Oxgaard, an analyst with Sanford C. Bernstein & Co. A bid may come from any of the company’s competitors, including CF Industries Holdings Inc. or Agrium Inc., and if BHP Billiton Ltd. wants to make a second attempt to acquire Potash Corp. “I don’t think there would be a better time than this,” he said.
I think the harbour decision will go the distance. Not that I think there are any show-stopping issues, I just think that if this body is given 3 months to announce a decision .... then they will use the full allocation.
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