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Motley Fool Global Gains / GGS: Potash Corp.

URL:  http://boards.fool.com/withdraws-plan-to-increase-stake-in-israel-chemi-30093065.aspx

Subject:  Withdraws Plan to Increase Stake in Israel Chemi Date:  6/12/2012  2:36 PM
Author:  Starrob Number:  36 of 46

"Potash Corp. of Saskatchewan Inc., the world’s largest fertilizer producer by market value, dropped its bid to increase its holding in Israel Chemicals Ltd. to as much as 25 percent from 13.9 percent, a Potash spokesman said.

“The application was taking a long time so we withdrew it,” Bill Johnson, a spokesman for the Canadian company, said today in an interview. The Saskatoon, Canada-based fertilizer company applied in December to Israel’s Ministry of Finance to raise its stake. "

cont'd


http://www.bloomberg.com/news/2012-06-10/potash-withdraws-pl...
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