| K+S says shareholders back rejection of Potash's proposal | |
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FRANKFURT, Aug 10 (Reuters) - German salt and fertilizer company K+S AG said 84 percent of private shareholders it surveyed backed its decision to reject Potash Corp of Saskatchewan's takeover offer. Only about 4 percent of the 39,000 shareholders who participated in the survey said they would accept a 41 euro per share offer from Potash Corp, it said on Monday. Potash Corp has been pushing to talk with K+S management despite the German company's initial rejection last month of the Canadian company's 7.9 billion euro ($8.64 billion) bid. ($1 = 0.9145 euros) (Reporting by Maria Sheahan; editing by Jason Neely)
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Potash Corporation of Saskatchewan Inc.
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CODE : POT.TO |
ISIN : CA73755L1076 |
CUSIP : 73755L1076 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Potash Corp. is a producing company based in Canada. Potash Corp. is listed in Canada. Its market capitalisation is CA$ 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. |