Frankfurt | Reuters –– Shares in German potash miner K+S leapt as much as 40 per cent on Friday after a takeover proposal from Canada’s PotashCorp, which sources close to […] Read more
Tag Archives potashcorp
K+S shares surge after PotashCorp takeover approach
Germany’s K+S seen likely to reject PotashCorp offer
Frankfurt | Reuters — Germany’s K+S will likely reject a seven billion-euro (C$9.7 billion) takeover offer from Canadian fertilizer group PotashCorp, a person familiar with the situation said Thursday. K+S’s […] Read more
PotashCorp evaluating SQM, ICL stakes
New York | Reuters –– PotashCorp CEO Jochen Tilk said Thursday he views the company’s stakes in fertilizer companies Sinofert and Arab Potash Co. as “strategic,” but continues to review […] Read more
PotashCorp, Mosaic profits climb less than expected
Reuters — North America’s two biggest potash producers, PotashCorp and Mosaic Co., reported larger first-quarter profits on Thursday, but results missed expectations. Saskatoon-based PotashCorp, the world’s biggest fertilizer maker by […] Read more
Cost-cutting Mosaic CEO collects $5.5M pay raise
Reuters — U.S. fertilizer producer Mosaic Co. boosted its CEO’s pay last year by more than $5 million as a reward for slashing costs and jobs, a regulatory filing shows. […] Read more
Saskatchewan aims to ease potash tax’s price reliance
Winnipeg | Reuters — Resource-rich Saskatchewan wants to change the taxes it charges on production of potash, to better reflect output and lessen the influence of potash prices, the province’s […] Read more
SQM stock plummets after directors from PotashCorp resign
Reuters — Shares in Chilean fertilizer group SQM plunged Wednesday after three board representatives from Saskatchewan’s PotashCorp resigned in protest at its handling of an illicit payments scandal that has […] Read more
Chile’s campaign finance scandal fells fertilizer firm’s CEO
Santiago | Reuters — Fertilizer company SQM has fired its CEO after it became embroiled in an election campaign financing scandal that has rocked the Chilean establishment, tainting business leaders […] Read more
Russia’s Uralkali to invest US$4.5B to stay potash No. 1
Moscow | Reuters –– Russia’s Uralkali will invest US$4.5 billion over the next five years to raise production capacity by 30 per cent, aiming to remain the world’s largest potash […] Read more
PotashCorp buys stake in Heringer to expand in Brazil
Sao Paulo | Reuters — Potash Corporation of Saskatchewan, the world’s largest fertilizer company by market value, agreed on Monday to pay about $69.8 million for a 9.5 per cent […] Read more
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