| K+S says positive on future after Potash Corp drops bid | |
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FRANKFURT, Oct 5 (Reuters) - K+S said it remained upbeat on its long-term prospects after Potash Corp of Saskatchewan withdrew its 7.9 billion euro ($8.90 billion) offer for the German potash miner on Monday. "This step creates clarity. We are convinced that we can successfully develop our company based on a consistent implementation of our two-pillar strategy in the long term. We are strong in potash and in salt," K+S Chief Executive Norbert Steiner said in a statement. The company said it expected significant sales and earnings growth this year, despite the current weakness of potash markets. ($1 = 0.8879 euros) (Reporting by Maria Sheahan; Editing by Keith Weir)
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Potash Corporation of Saskatchewan Inc.
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CODE : POT.TO |
ISIN : CA73755L1076 |
CUSIP : 73755L1076 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Potash Corp. is a producing company based in Canada. Potash Corp. is listed in Canada. Its market capitalisation is CA$ 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. |