IHS Chemical Week

Regions :: North America :: Canada

China Eyes Deal to Block BHP's Bid for PotashCorp

12:19 PM MDT | September 3, 2010 | Ian Young

Sinochem (Beijing) is in discussions with banks including Citigroup, HSBC, and Morgan Stanley to explore possible plans to block BHP Billiton's (Melbourne) $38.6-billion hostile bid for Potash Corp. of Saskatchewan (PotashCorp), reports say. State-owned Sinochem has been instructed by the Chinese government to begin the discussions because the government is concerned about the proposed deal's implications for potash prices and supply. China is the second-biggest importer of potash after India. The talks could cover Sinochem, in partnership with China's sovereign...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa