Acquisition rumours rock potash industry

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Fri, Apr 3, 2009
Natural Resource Market News
Post by Melissa Pistilli, Resource Reporter

Potash Investing News reports BHP’s recent acquisition rumours seem to rock the potash industry.

Speculation mounted that the world’s largest miner was preparing for a large acquisition after the company raised more than US $6 billion through the sale of bonds.  The company failed to confirm the reason for the fundraising, and this sent many reporters and miners on a fantasy trail, voicing their predictions about what possible large acquisition the company could be prepping for. Potash Corporation of Saskatchewan was at the top of reporter’s speculation lists.

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