| K+S says no basis for talks suggested by Potash Corp | |
| | |
|
FRANKFURT, July 3 (Reuters) - German potash miner K+S on Friday rebuffed Potash Corp's overture to engage in talks over its proposed 7.85 billion euro ($8.72 billion) takeover. "Potash Corp's response contains nothing new for us. That is why there is no basis for talks," a spokesman for the German group said. Canada's Potash Corp of Saskatchewan said on Friday it was confident of addressing concerns raised by K+S over the takeover proposal for the German potash miner, and that it would seek to meet with K+S's management as soon as possible. The K+S spokesman added the company would in principle assess any new proposal. ($1 = 0.9001 euros) ($1 = 0.9001 euros) (Reporting by Patricia Weiss; Writing by Ludwig Burger; Editing by Georgina Prodhan)
|
|
|
Potash Corporation of Saskatchewan Inc.
|
|
|
CODE : POT.TO |
ISIN : CA73755L1076 |
CUSIP : 73755L1076 |
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Potash Corp. is a producing company based in Canada. Potash Corp. is listed in Canada. Its market capitalisation is CA$ 21.7 billions as of today (US$ 17.2 billions, € 14.4 billions). Its stock quote reached its lowest recent point on March 24, 1995 at CA$ 10.00, and its highest recent level on September 21, 2007 at CA$ 99.07. Potash Corp. has 840 009 984 shares outstanding. |