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K+S AG rejects PotashCorp takeover bid again

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K plus S Potash Canada Legacy Camp near Bethune. Photo courtesy K plus S Potash

By News Talk Radio Staff

K+S AG has rejected another multibillion-dollar takeover offer from PotashCorp of Saskatchewan (PCS).

On its website on Friday, the German fertilizer producer said PCS sent a letter which included a business combination agreement to address the interests of workers and local communities. But K+S said the offer was still too low.

“We are still convinced that the proposed price of 41 euro per share does... // Read Full Article


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