Fadi El-Eter

The Canadian government, in an unpredictable move, decided to block BHP's bid for Potash of Saskatchewan. The reasoning was that the sale does not provide a net benefit for the Canadian economy, as jobs may be lost (it seems that locals have complained to...

I have written earlier about the hostile bid that BHP made to acquire Potash of Saskatchewan. BHP back then offered $130/share to buy the company, the bid was rejected, and POT soared to $143 (from $112). POT then was growing moderately nearly every week...

POT (Potash Corporation) had a volume of 47 million yesterday. And today it might be even higher. Here's why, a company called BHP, trying to purchase Potash, has made a hostile bid to buy the company at $130/share (or $40 billion). The deal will make BHP...