Potash Corp. Could `Definitely' Attract Buyers From China, Nievert Says
Aug. 20 (Bloomberg) -- Charles Neivert, managing director at Dahlman Rose & Co., talks about BHP Billiton Ltd.'s $40 billion hostile takover bid for Potash Corp. of Saskatchewan Inc. and the prospect of a rival offer from China. He speaks with Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
Potash Corp., subject to a $40 billion takeover bid from BHP Billiton Ltd., could “definitely” be of interest to Chinese buyers, according to Charles Nievert, managing director of Dahlman Rose.
The bid price for the Canadian potash producer will have to go higher, and may exceed $150 a share, Nievert said today in a Bloomberg Television interview.
To contact the reporter on this story: Amanda Jordan in London at ajordan11@bloomberg.net
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